chaseflores10

SPY IF it were to go into correction

AMEX:SPY   SPDR S&P 500 ETF TRUST
On the chart I have marked an 10% correction, 15% and 20% crash from all time highs. A correction would put the spy right around 402 where it gapped up. I am not the least bit of a bear but I bought calls on SH today incase the SPY decides to dump. Very low cost way to hedge.
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