When you mentioned SPY options yesterday, the chart was dead neutral. 50/50%. In my experience, 50/50 is a guessing game. (When I guess on a 50/50% trade, I lose nearly all the time) That doesn't mean in retrospect you won't think you should have bought. I prefer 90/10% at an extreme. Of the 2 extremes I find bottoms much easier to define.
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