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catndog
Aug 5, 2016 4:31 PM

All time High? what to do 

S&P 500 index of US listed sharesFXCM

Description

How to deal with all time high
Long call and Long put
will help no need to give urself a hard time
+10pts
-10 pts
Comments
catndog
I afraid it going to have a short term correction. My idea is before a fall it will rally a lot like a missile.
Now it didn't look very nice on this M30 chart 4 High should follow 4 Low
Short around 2183 stop loss 2185
take profit 1st target 2173
DoubleSpark
Try a calendar spread with the SPX on Weeklys, Wednesday vs Friday. CBOE announced the Mondays weeklys, haven't used them yet.
rodrickhan42
nice can do a 10$ debit spreads either way to mitigate risk and go naked on the preferred/bias side
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