Sizing up SPX positions 3705.
If a local top is forming, should be around here. Strong rejection to signal it’s working.
Stops are tight. If we do not hold this level I expect a better sell level later, but big at 3705.
Stops 3718 - 3728.
Also buying options at this price and shorting call spreads.
Bear market options portfolio: Basics of credit spreads and financing trades. : BeatTheBear (reddit.com)
Sizing up SPX shorts 3705.
Sizing up SPX shorts 3705.
Sizing up SPX shorts 3705.
Sizing up SPX positions 3705.
If a local top is forming, should be around here. Strong rejection to signal it’s working.
Stops are tight. If we do not hold this level I expect a better sell level later, but big at 3705.
Stops 3718 - 3728.
Also buying options at this price and shorting call spreads.
Bear market options portfolio: Basics of credit spreads and financing trades. : BeatTheBear (reddit.com)