SPDR S&P 500 (SPY): For any w puts on spy, given the appropr...

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Friday, 07/17/2015 10:44:55 AM

Friday, July 17, 2015 10:44:55 AM

For any w puts on spy, given the appropriate exp dates, this week sucked, but the one BRIGHT SPOT is the speed at which spy moved so far, Not seen that often . Spy has gone from one extreme to another in a week. Too far too fast, already well oversold on many metrics and fractals , so thè tech probabilities now favor a down turn .

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