Need some more leverage if I have any chance. Trying my hand at some options here.
SPY at $181 looks like a good short here, I think this bounce back rally from the recent lows at $173 has come too far too fast and ready to retrace back a bit. Just looking to scalp a few point as it retreats to the $178-$179 range…
Here goes some SPY puts, in the money to play it safe, a week and a half out.
OPEN 238 SPY Feb22 182 PUTS @ $1.70