Watchlist May 13th 2019

SPY - Another gap down day in the market as Trumps trade war heats up. Current price is 282.88 and dropping. I’m not expecting much upside today so I’ll be skeptical of any upside moves while scalping.

NFLX - Due to the bearishness of the overall market I’ll look for puts off of any rallies. I’m expecting resistance at $353.11 and $354.96. If we tank right out of the gate I’ll hold off and look to short off of any failed rallies towards VWAP.