S&P 500 Index
Short
Updated

SPX Pull back - Depresurize

133
Looking for SPX to blow off a little steam and start pull back in 3-5 days. Picturing decline to 3050 range by Friday June 19th or maybe the Monday after. Will use options long butterfly, thinking 3000/3050/3100 and might sell before expiry.

Note
Yesterday ended up taking 2950/3000/3050 butterfly, for Wed. 17th at $1.50
Trade closed: stop reached
Directionally correct but still wrong.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.