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Wednesday, October 7, 2015

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Purchase SPY puts...and tomorrows forecast

12:05 PM    No comments
Purchase these and Im prepared to DD (Double Down) in the case that the market has a bit more upward to go first. Lets take a look at the chart:

It looks like we are at a small short term top and the cubes are prepared to let a bit of steam off.
So we are going to get in here with a SPY put. I choose about 3 weeks out:

That is all for today everyone. Stay Frosty and I will see you tomorrow. In looking at this chart by the way, I expect a down day. If not tomorrow, then the day after. We are pushing against the ceiling here, so don't get into anything long in the next 2 days.

Tradinginsider

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