The Rational Trader: Fading the Melt-Up With a SPY Put Spread
JD faded Monday’s “melt-up” with a SPY put debit spread, buying the 661 put and selling the 660 put for $0.44, and closed it for a 70% gain.
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JD faded Monday’s “melt-up” with a SPY put debit spread, buying the 661 put and selling the 660 put for $0.44, and closed it for a 70% gain.
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