$SPY VERTICAL 250131 PUT 565.0/PUT 555.0$ 

Decided to close this trade 2 weeks before expiry. Although CPI data is bullish, I would still like to take the risk off this trade as I am still taking the view that spy is weak given the formation of lower highs and lower lows.

SPY Vertical
01-16 00:45
US565.0/555.0
SidePrice | FilledRealized P&L
Debit
Close
0.61
1
--
Closed
SPY VERTICAL 250131 PUT 565.0/PUT 555.0
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  • DeltaDrift
    ·01-16
    TOP
    Nice hedging… if rate cut slows or stop would cause another disaster[LOL]
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    • AyKing
      I think market has priced in 1 rate cut for 2025, forming the recent bottom. And I feel market is overbought and maybe not much big boys wants to buy and push price above $600. My personal view. 😁
      01-16
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  • Kashcash
    ·01-16
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  • KSR
    ·01-16
    👍
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