Hamzei_Analytics · @HFT_StockOption
12th Apr 2013 from TwitLonger
April 12, 2013
SPDR (SPY)
Bias: Bearish
Price Target: $155
SPY has been touching +3 sigma for the last couple of days and we feel we are due for a pullback
We want to purchase some puts to take advantage of the possible move lower.
BUY To OPEN 2 SPY Jun-22 158 Puts trading at $3.59
SPY is now trading 158.38
This Put is now trading for $3.59
The Total Debit for this trade is $7.18
Day Order Only