### Comment:
wait sorry, one more honest noob question - what's the 'SPY weekly 200 MA (235.65)'? Because when i look at 200 MA, it currently shows (or showed earlier before the bounce) that we were well below the 200 day MA. Is WEEKLY MA something different?

### REPLY:
That’s a weekly timeframe for each candle on the chart. You gotta learn the basics before you start playing with options man. Unless you really really wanna lose money.  
 Ps. Observe market bounce.

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