SPY OPTIONS EXPIRATION PIN PLAY

I think SPY will hit 116.3-117.0 early next week (upper channel resistance) and close at 115 (Lower channel support, 50 SMA and also the Jan highs) on Friday. I closed my IWM 66/64 put spreads early this week for a small loss. I will enter SPY Mar 117/115 put spreads at 116.3--117.00

The New Moon on Mar 15th-16th could mark an interim top.

GLTA