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SPDR S&P 500 ETF TRUST
Short

SPY - MyMI Short Option Plays

By MyMIWallet
Updated
After seeing the SPY break the $404 Price Levels, we went into some Shorts to see if we're going to retest the $388's and then the $372's or so.

Note
Remove Momentum Indicators for Clarity on the TA:
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This morning's opening:
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Disregard our inclusion of a TSLA Chart above ^^^
Trade closed manually
We closed our SHORT Positions around the $394 to satisfy the profits obtained and prepare for next week's move! Thanks for tuning in and hopefully you captured some of the profits we did on the move!
Note
If you were still holding this, it actually performed very well.
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Chart PatternsTechnical IndicatorsoptionshortSPDR S&P 500 ETF (SPY) tradingTrend Analysis
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