RE: Let There Be Blood in the Markets... (05.06.20)
(Edited)
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Looks like some interesting spread play potential short term on both slightly out of the money call spreads and slightly in the money put spreads
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For the last month SPY is within a 20 point range 270-290. Compression in price means a big move coming. Short term trades a great for these kind of setup when outcome of range is confirmed. I am leaning bearish since techs are making lower highs and lower lows.