$SPDR S&P 500(SPY.US) Something I like to do when we are retracing back to ATH is look closely at the previous ATH of the options call I'm thinking about buying. Now it's not 1-1 because Greeks change things, but if we're in a cup and handle or V shape recovery I can use the previous high as my potential exit strategy options price. That's a way to look at Entry and Exit strategy.
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