SPY pull back???
Looks to me that we will see a negative cross in the am. Old me would buy a SPY put to play this. But!!!!! Ive found its safer/cheaper to buy SPXS the Spy inverse Etf. this way you can not only afford to get right on the money at the start but youll be able to afford WAY more time. You can afford months on an OTM SPXS call when the same amount of capitol would maybe get you lil over a week with a SPY put. just something to think about and of course you can short the SPXS if you're bullish on SPY.
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.