Trade ideas
Tagged: SPX · ×
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Our SPX Hedge Paid. Now Is It Time to Sell the Fear?
Last week's SPX idea was a hedge below 7,700, and SPX closed Friday at 7,659. With fear back and put premiums expensive, how a bull put spread below support (sell 7,550 / buy 7,500, expiry 23 October) is built: credit about $1,000, max loss about $4,000, breakeven about 7,540.
