SPY CALL +$6.35 (+535F) in 5h30m — squeeze to $718.41 close
Bands tightened before the trigger, with the early squeeze giving you a cellar volume base and no overhead heavy volume. The trade got confirmed as bullish momentum showed up (Z3 bullish confirmation), DI+ won at 10:30am, options demand stayed bullish, and volume plus expansion pushed price through the IB high at 10:50am ($713.69).
SPY’s 10:25 am CALL at $712.06 paid $6.35 into the 3:55 pm exit at $718.41, a 5 hour 30 minute hold that captured 86% of the session’s best close-to-close move. Z3 flipped bullish at 10:50 am, five bars after entry, then stayed on for 26 bars with 23 favorable bars and peaked at 4.35 at 12:10 pm, which told you momentum had actually arrived and wasn’t just noise. The move got real fast: a cellar volume anchor from 10:05 am sat underneath price with no bearish countertrend line overhead, DI+ took control at 10:30 am, the Kijun flip hit at 10:45 am, range extension cleared the IB high at 10:50 am at $713.69, and volume plus STD expansion backed the push through value after TPOC had already been reclaimed and before VPOC finally gave way at 2:00 pm. It wasn’t perfectly clean because SPY closed $0.75 against the entry by 10:35 am, and it took 330 minutes before the trade finally showed $10 of favorable excursion, so you had to sit through a real grind before the late-day payoff.
Verdict: messy early, strong underneath, and absolutely worth the hold if you trusted the structure, with only a modest $1.07 giveback from the $719.48 peak keeping this from being near-perfect execution.