Buying a SPY put

I dont usually triple up, but I am throwing in on a SPY put. I was looking at the calls, and soemthing was just bugging me, I couldnt put my finger on it. I just dont think that we are going to climb up and its up up and away. We had a relief rally today brought on by a Chinese Consumer report. Im going to warm you guys that going 3 times bet in one direction usually isnt good. Its bad for the bankroll, but I am going to go ahead and do it. I just have the nagging feeling that to buy a put is a sucker play, just getting the Market Makers wealthy.

My in:

Thats all for today.

Tradinginsider