imzeeshan

SPY Aug-end forecast

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY tumbling down aggressively after rate cut. Watching if it falls again 20$ or ~8% from its recent high of 302.

Looking to sell call spreads or buy puts.
Might also go long on the inverse ETF: AMEX:SH

Looking to do all of this ONLY if it drops below 293 with lower highs and lower lows.

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