rubinspe87

SPY Short down towards 402 03/07-03/08

Short
rubinspe87 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Not buying into the bullish past few days & believe SPY will go back down towards 400-402 by this Wednesday 03/08, which will coincide with the next Fed FOMC discussion points. Unsure about the move from here.

Opened a Call Credit Spread today (3/6) at 405/406 (expiration 3/7) and at 405/409 (expiration 3/10).
Comment:
Yep!
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