New Bull Put Credit Spread Idea on SPY 1
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NEW TRADE IDEA: 10/23: SPY – Consider shorting Oct (10/24) $268/258 bull put credit spread (1 DTE) around current mid-point of $.48/share. Breakout out intra-day after bear gap, bullish retest daily after making new low, market internals oversold, short term income trade. Stop Loss $268.48.