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WallSt007
Sep 9, 2020 6:38 AM

What to do?? $SPY Crashing?? ($QQQ $AAPL $TSLA $MSFT $WORK ) Long

SPDR S&P 500 ETF TRUSTArca

Description

Based on the last 2 june drops, we should ideally bounce near $330 if the sell volume gets weaker tomorrow.
Bullish catalyst - round 2 of stim gets approved

However, if we don't bounce, we could have a march like drop and would probably be crashing thru the next two levels. $320 , then $300
What's the best play here?
Open a strangle options play. 1-3 month out, as we are likely to move violently in 1 direction or another in the next few days.

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