Replies to post #267660 on SPDR S&P 500 (SPY)

[spartex]

Oooops. Sorry for your bad timing and loss on puts.

Those holding all day are eating green grass now. :-)

[gdl]

Bought SPY Puts today 280 expiring 17th @ .25
Bought SPY Puts 278 expiring 24th @ .55

Was off on capturing best price yesterday. Now the pattern seems clear. Spike today suggests the next 5 days are in a cascading style starting out slow. I had thought 2790 was the key but it seems more likely to break below that in this time frame.

Flight to so called safety today. lets see if it takes off from here.