MaryBlossomJ

Spy Put

Corto
MaryBlossomJ Actualizado   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Spy has been downtrending for the past week so I don't see it breaking the trend it's making any time soon.
Entry: 397.61-399
1st Target price : 394.05
2nd Target Price:$389-388.

I believe we'll see $380 in the next 30 days. The stock is downtrending overall.
Be aware of possible false breakout in the next coming days to $401-405
Get in when you feel is right
Operación cerrada: objetivo alcanzado:
Target 1 has been reached. You can take profits now but, you will miss out. This should see $389 soon. Should see $380 in the next 14-30days
Operación cerrada: objetivo alcanzado:
Target 2 reached.
This isn't closing under $389 today so we may see one more bounce before the big drop
Operación cerrada: objetivo alcanzado:
I closed out my put position right before close. Going to wait for a better entry next week tuesday 09/06/2022. I can't give an exact entry yet but, i'm thinking $395-398
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