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SPDR S&P 500 ETF TRUST
Short

SPY ---> Bearish Megaphone Pattern

By seebz69
Updated
PT ----> 210
DEC 18 2020 Ps @ 9.00
SL @ 36.00

These are my personal option plays. trade @ your own risk!
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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%)
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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
Bearish PatternsChart PatternsTechnical IndicatorsmicrophonepatternputshortSPDR S&P 500 ETF (SPY) Trend Analysis

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