I opened deep ITM puts with plenty of time on the clock...target price is 400. This has room to go up that's why I'm giving myself plenty of time on the clock...
This is a medium risk short you need to be prepared if it decides to move up more...
This is a medium risk short you need to be prepared if it decides to move up more...
Comment:
I covered my puts a few days ago when SPY was around 410 for close to break even. I will be posting a new idea soon but you want to look into puts here.