2016/02/12 SPY Options Wrap Up

SPY gapped up on Friday and recaptured 5SMA with strong finish.

SPY 5m

SPY OI 02/19

Open Interest is heavily skewed to the put side, and we know that 190P was STO (Sell to Open). 

There were big put selling activities as well as call buying. Notice those 185.00C at 13:07:49 and 13:10:21. Those 12000 Calls are $338M bet and I would like to keep my eyes on it. I believe SPY will finish at or above 190 this week.

Those charts are captured from OptionM8 App.