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gdl

12/12/18 2:38 PM

#37039 RE: gdl #37030

Bought 200 SPY 258 Puts expiring 19th @ .80

Couldn't wait till close even though I probably should have. Saw the last wave up today and while it can retrace the whole move back up decided to bet early.

Lots of very negative candlesticks. While that alone means nothing to me it fits perfectly with my assumption of a steep drop over next 3 to 4 days. Next time, if we do go down here, we should easily break below 263. 4th time the charm?