SPDR S&P 500 (SPY)

[imiloa]

Cret, re: holding SPY puts overnight.
seems too risky for me.
esp giving cohn spanking pattern:
down 1 day, then gap and recover

from another angle,
consider the profitability of writing piles of puts tonight
and inducing short positions overnight,
then buying calls at the close
then gapping up 1% and running into short squeeze tmrw

not that they would ever do that...

i'm in 262p now intraday.
if we see a big drop on decent volume,
i'll consider holding a fraction of "free shares" overnight.

but honestly, my guess is:
big down today to spank trump into evening news.
gap and short squeeze tmrw.

so i might even get some lotto OTM calls to hold overnight...