Last week started off with a bang as the SPY opened up on Monday 17.13 higher than Friday's close. Buying the SPY 16May25 565 straddle last Friday at 12.50 would have resulted in the straddle being in the money by nearly four points not counting what you could have sold the calls for.

The U.S. China trade war had a bit of a cease fire. The butterfly was destroyed on the opening. The intraday trading ranges for the week were 5.96, 6.22, 3.44, 5.87 and 5.22. The hi-lo for the week was 17.46.

U.S. Leading Economic Indicators comes out at 10:00am ET on the 19th.

Existing Home Sales comes out at 10:00am ET on the 22nd, followed twenty-four hours later by New Home Sales.

The SPY 23May25 594 straddle was offered at 8.70. I snatched it up despite the lack of any big numbers this week. HD reports earnings before the opening on the 20th. On the 21st BIDU reports before the opening with SNOW reporting after the close. On the 22nd INTU releases after the close. M releases before the opening on the 23rd.

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