Replies to post #204934 on SPDR S&P 500 (SPY)

[thefranchise]

Oil just popped over 50 on a decent sized draw

[imiloa]

i also expect a post-"remain" euphoria rally
and a retrace after that rally.

tho given SPY's empirical ability to defy gravity
(eg: oct 2015, feb/march 2016)
i'm going to be cautious and wait for multiple signals,
including daily RSI, to shift overbought/bearish
before loading puts.

and remain wary of risking any position (in either direction) overnight.