Replies to post #51257 on SPDR S&P 500 (SPY)

[be]

Fox , just close your eyes and short every bounce ..you will make money for sure ( today only ) .


Thanks,

Be .

[GLENO34]

Fox..OK..but for now I'm going to play the QID only..Then QLD when we bottom on the 60 min chart..

[blasher]

you must be reading my playbook!
That's exactly how I trade options.
I've been Short Jun-$51 PUTs for a few weeks
and have made lot$ Selling then Buying back Jun-$48 PUTs against them.
Right now I am just Long the Jun-$51 PUTs
and will re-Sell Short lower SP'd Jun PUTs against them again.
Good Luck my friend !!!