sacrelege
Short

spx relief from the rally

FX:SPX500   S&P 500 index of US listed shares
74 3 4
target 1: 2084
target 1: 2075
Trade closed: stop reached
this looks like a RAMP and CAMP. kill put premiums and force the short positions to hedge with call options. open interest on puts are massive. hard to get lower with those numbers. i am bearish longer term after most are convinced of spx 2300
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Sounds reasonable. It was really a short term trade and I'm out already.
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