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Synaptic724
Sep 24, 2019 3:46 PM

SPY Put Spread Short

SPDR S&P 500 ETF TRUSTArca

Description

Spy trade $1.5 per spread 5 points 298/293

Profit at target is $1.75/ $3.25 price of spread

Exit target loss is $112

SPY seems to be getting weaker. 2x spreads

Could continue lower. MY Gold FX trade blew up. Too bad so sad.

Trade active

ADded 4x SPY position $1.43 / $3.21 exit price/ Max loss is $107

Comment

296/291

Order cancelled

$50 gain closed trade as it was over leveraged I decided against it.

Trade active

I lied I'm going back in 10 puts 296/285 each was 2.63 going hard this time. All signals are pointing bearish divergence.

Comment

Closed trade for a profit of 2k
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