Rising Wedge SPY Short Near Term

Rising Wedge SPY

Entry Short Price 371.70
Target Price 368.83 ish

SL 373.65
Risk Reward 1/3

Georgia elections hovering over the market. Probably going to drag on for a few days.

Consider 15Jan367P puts at entry point
Option Symbol .SPY210115P367

Comment below your thoughts on this idea.

optionsoptions-strategyRising WedgeSPDR S&P 500 ETF (SPY) spyoptionsspyshortTrend LinesWedge

Also on:

Disclaimer