SPDR S&P 500 ETF TRUST
Long

SPY call Spread

117
I put on a 298/303 Call Spread exp oct 4th

SPY is breaking out on positive trade news and RSI uptrend as the selling ended while rate cut did boost the move upward there was a general tolerance for Trumps antics in the market.

The china trade issue is becoming less significant.
Spread Cost $2.48
Target loss is $148 Max Gain is $175

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.