aphexmean

Fast, nice and clean -- bullish setup

Long
aphexmean Updated   
SP:SPX   S&P 500 Index
I am not scared by this correction. It is going nice and clean. It is gonna be over soon.
Next concern: raise in interest rates will lead to a further loss of at least 10% (not this one, later).
Nonetheless here is a bullish play.
Two standard deviations from now have a little probability to end ITM.
Cover at 50% (likely carrying a 60 days exp to 30 days exp--hoping it is not going down so much in the next month).
Comment:
Worst correction since china tech bubble burst of JUN 2015
Bitcoin is for pussies
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.