MSFT backtested down into a major auction zone today that I expect to hold over the next several weeks.

I expect DE to hold a near term pivoting zone over the next several weeks keeping it above the 170 price level.

As discussed in our Trade Talk meeting from 01/27, I expect the overall market and SPX to continue to migrate higher into approx. the 3400 price levell. I am selling these puts against my 290 Long Puts that expire in June.

I expect AMZN to continue to trade between a longer term pivoting zone and a shorter term pivoting zone.

Filled for 2.35. Adding an additional piece as it was expected that BA could extend down to approx. 305.50ish. I still expect BA to hold above it's descending supporting zone by end of this week(01/24) and thus hold above the 310 price level. Here's the link to my shared chart on ThinkorSwim: http://tos.mx/xsBzYFL

I expect BA to hold above it's descending supporting zone and thus hold above the 310 price level. Here's the link to my shared chart on ThinkorSwim: http://tos.mx/xsBzYFL

ADJUSTMENT UPDATE 12/26/2019 @ 1:20 PM ET: NOTICE: IF NOT ALREADY IN THIS POSITION I WOULD NOT PARTICIPATE. As discussed in the group meeting on 12/26, I went ahead and rolled this position out to 1/17/2020 expiration. This cost me 0.30 which leaves me with a net debit of 1.10. For weeks now I haven't expected to be profitable on this position, simply continuing to manage this position in an effort to avoid a max loss. ADJUSTMENT UPDATE 11/27/2019 @ 1:30 PM ET: NOTICE: IF NOT ALREADY IN THIS POSITION I WOULD NOT PARTICIPATE. As discussed in the group meeting on 11/26 which can be viewed here: https://thesupertrader.com/pos-11-26-2019/ I went ahead and rolled this position out to 12/27 expiration. This cost me 0.85 which leaves me with a net debit of 0.80. For weeks now I haven't expected to be profitable on this position, simply continuing to manage this position in an effort to avoid a max loss. ADJUSTMENT UPDATE 11/20/2019 @ 1:47 PM ET: I just rolled this position out from the 11/22 to the 11/29 expiration. This was done as a debit of 0.45 which leaves me with 0.05 of credit. Please note that I am simply adjusting this position to reduce the overall expected loss. ADJUSTMENT UPDATE 11/8/2019 @ 11:20 AM ET: I went ahead and rolled this position up from the 3045/3050 to the 3065/3070 strikes and out to the Nov 22 expiration. I was able to do this for a 1.75 debit which with an original credit of 2.25, this leaves me with a net credit of 0.50. As discussed in the 360 Review from 10/25, I expect that the SPX will find solid near term resistance at around the 3045-3050 price level.

ADJUSTMENT UPDATE 12/26/2019 @ 1:05 PM ET: I'm rolling this position yet again out to the Jan 17, 2020 expiration. This was done for a 0.20 debit which leaves me with a net credit of 0.45. ADJUSTMENT UPDATE 12/2/2019 @ 11:45 AM ET: I'm rolling this position yet again out to the Dec. 27 expiration. This was done for a 0.65 debit which leaves me with a net credit of 0.65. ADJUSTMENT UPDATE 11/20 @ 11:47 AM ET: I went ahead and rolled this position out from 11/22 to 12/6 expiration. I stayed with the same strikes which incurred a debit of 0.70. Having collected 2.00 originally, this leaves me with a net credit of 1.30. I continue to expect that AAPL sees solid resistance coming up over the coming week(s) between the 260-270 price levels.

I expect DIS to continue to trade within the short term flag pattern over the next several weeks.

I expect the SPX to finish the week between the 3325 and the 3295 price levels which represent the two closest multi-week auction zones.