SPY gapped up. We bought puts anyway.
The SPY opened at 687.83 this morning. Gap up after two days of selling. Most traders probably saw that and thought: "Finally, we're ripping higher." But I had a different plan. Before the bell, I sent this to Game Plan members: "Low Probability Put Zone: When SPY has a clean break into 686.39, Buy To Open the SPY Feb 23 685 Put." Target: 685.35. Home Runs: 684.72 and 683.96. By 10 am ET, the market reversed. We hit the zone, hit the target, and hit both home runs. jkanter0714 made $1179 in under 2 hours. Original entry at $1.31, added 5 more at $1.09, then sold 10 at the target ($1.79). He let the rest run for home runs at $2.00 and $2.20. All targets hit. All profits banked. Here's the thing most traders don't get: You don't need to PREDICT where the market's going. You just need a ZONE.

