SPY ---> Bearish Megaphone Pattern

PT ----> 210
DEC 18 2020 Ps @ 9.00
SL @ 36.00

These are my personal option plays. trade @ your own risk!

Note

Strike 260

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BOUGHT DEC 18 2020 260 Put @ 9.15/9.25 (SPY @ 302.18)

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UPDATE: -----> PUT close @ 9.70 (+4.00%)
-----> SPY close @ 300.7

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FOMC Meeting today. What will Powell say?!

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Market gets what they want -----> .25 cut

Put @ 10.60 (+12.00%)

Note

Trump tweets about additional Tariffs on China. Markets fall

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UPDATE: Put @ 11.7 (+27%)

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Spy @ 292.6

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UPDATE: Put @ 15.33 (+60%)

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UPDATE: Deadcat bounce almost confirmed

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Dec 12 2020 is the day

seebz69

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seebz69