$SPDR S&P 500(SPY.US)

02/20/2026

Today's opening price is $682.320,

$SPY 260220 682 Call(SPY260220C682000.US) opened at $2.77,

$SPY 260220 683 Put(SPY260220P683000.US) opened at $2.91;

At market open, the Put/Call IV provided by the Longbridge Options Calculator were 22.90%/24.30% respectively,

13:36 at 17.10%/21.60%;

Amplitude ranged from 0.53% at 09:49 to 1.12% at 13:36;

$SPY 260220 682 Call(SPY260220C682000.US)

Opening IV above 15%, prioritize the underlying stock,

$SPY 260220 688 Call(SPY260220C688000.US)

11:31 $0.75 => 11:50 $1.75,

Betting on a support level forming here,

12:31 $0.49 => 12:53 $1.00,

Betting on EMA forming a Golden Cross,

$SPY 260220 687 Put(SPY260220P687000.US)

12:04 $1.05 => 12:12 $1.80,

EMA formed a Death Cross, go short,

$Walmart(WMT.US)

11:09:48 $122.1000 => 12:10:42 $122.1200,

One-minute chart EMA Golden Cross upward move failed,

Cut losses and exit in time,

$Pro Shrt Vix Shrt Future(SVXY.US)

12:30:40 $52.5450 => 12:32:06 $52.4550,

Couldn't hold during the sideways consolidation, should re-enter at a safe position,

$Direxion Daily TSLA Bull 2X Shares(TSLL.US)

12:37 $15.120 => 13:15 $15.320,

The opportunities after 11:00 are clearer,

The first two hours after market open are very unstable.