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SPY Play
For a couple of months, the SPY has been trading between 111 and 122. Today it got up to 122 and retreated. I decided to make a play, believing that it will go down for a little while from there.
I entered the following bear put spread for November.
+122
-111
Debit on the trade is $2.97. Never played a spread that wide before. Will see how it goes.
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