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sinkswimortrade
Jun 26, 2019 7:22 AM

SPY Pullback  Short

SPDR S&P 500 ETF TRUSTArca

Description

SPY has reached its all time high and due for a pullback. Initiated Buy July Put on 21 June (Fri) and doubled position on 24th June (Mon).

Short term term trade. Will close and take profit within $288-290 region.

Weekly trend is still maintaining uptrend for now... Therefore the reason for a short term July Put option.
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