SPDR S&P 500 ETF TRUST
Singkat
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Put Spread SPY

174
Possible continuation toward the 200 MA on the daily.

Put Spread from 293/287

I plan to take my profits sooner now, lets see how it pans out.

Spread cost was 1.77, spread is 6 points wide also my target is 25% profit on the spread.

My exit price will be. 2.82 which will happen between 288 and 290 at exp.

Max loss I will take will be if the price goes above 296.5 as that was previous support.
If the trade war results in a short term trade deal with the Chinese I will immediate close my position that the earliest possible time I can regardless of dollar value.
Nota
Took a profit today on my spreads left my trade early.
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Penafian

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