dead cat = $gs, $bac, $aapl, $amzn, etc. on the ground and leaking lower/slowly why $spy tries to trick folks to buy & inch higher

Shorted the $spy at 128 with common short and some nov weekly puts

buying more march 2012, 115 $spy puts for $5 and change ... can sell support on the weekly for almost $1 ..reduce cost by 20% in 1 wk

We sold $bac weekly puts for next week for .17 they may be at .08 this morning (sold 800 of them)...#winning

Ignore the noise and hit the pitches the mkt gives you, up or down...don't care... oh, & we sold $BAC rebate trade yesterday, the $6 puts

if $spy 122.10 fails at anytime today you know what to do,,, otherwise... sell 'EASY' credit and keep it simple

Easy credit, it will take several weeks to get to and through 1250 ... Bears ..or .. adept credit SELLERS such as myself will take the pitch

Again, like clockwork, sell HOPE at the anvil, 125-126, use next week .. give the mkt 1230 or 1240, whatever it wants (or lower, it is OpEx)

The 'pitch' the mkt is giving is to sell hope 'at or above' the anvil at 1250, this week I sold 125-126 $spy call spreads for a 17% return

The $tza $41-40 Oct Opex put spreads I bought will double at the open, I'll take that off at the open

Covering $TZA common short of $41.06 yesterday now at $37.15 now

for $spy expert options trading & levels with the $spy terminator @tjtakes (see investimonials reviews - http://stks.co/YJe) (@tlmontana)

Hit the $spy ranges all week and then some... on one of my streaks again... cha-ching ($aapl, $bac, $ms, $gs, etc)

The O/I on the $spy 120 strike should act as a magnet today (at least in the AM session)

I will remain a dip buyer in $aapl, but the ST oscillators are screaming don't buy up here, sell hope if folks really want it so bad

Continue to add names like $dg, $MDC (over 5% div), $fdo on market weakness... My base adds are lower but part of my LT acct buy program