SPX500: Short in OTM Options !!

FX:SPX500   S&P 500 Index
SPX500             - Nearly 9 months sitting on top !! Last 2 time this happened and markets collapsed !!
Breach of Weekly Trendline support !!
Rising Triangle Breach !!
MACD Crossover and is now falling !
RSI also falling now !!

!! Strategy: Accumulate Short OTM 2000 PE Options of SPX             of Nov/Dec 15 !!
>>Short OTM 2000 PE Options
can you explain please? OTM? PE?
AnbHfund NikhilMulley
Means Buy Out of The Money - Put Options ( PE ) -- of 2000 SPX 500 of November/ December expiry !!
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