TRADING WEEK FEB10-14

This past week was good for both positive and negative gamma positions. The intraday trading ranges for SPY were 9.80, 5.02, 5.79, 3.82 and 8.08. The hi-lo for the week was 10.85. There were plenty of gamma scalping opportunities. The 0.80 butterfly closed at 3.20 for a 300% profit. This week has two big inflation numbers. CPI comes out on the 12th at 8.30am ET, followed twenty-four hours later by PPI. The SPY 14Feb25 601 straddle at 9.25 was a buy. KO releases earnings on the 11th before the opening with LYFT reporting after the close. HOO reports after the close on the 12th.