Replies to post #317372 on SPDR S&P 500 (SPY)

[hijinxu]

This is why you’re my hero. I may be a ball-buster but you know your stuff.

The 98% are short and buying puts. That makes for a wonderful squeeze and the tiniest bump up causes panic selling a nice gains back up to 32xx. Risk/reward is there for a few call options IMO.