Handling The Spy ETF Reverse Iron Condor Trade After The Brexit

Jun 24, 2016 | Profit And Income Strategies, SPY ETF Hedge Strategy (SPY)

IFriday promises to be a wild day for stocks. The futures show the Dow down 600 plus and the S&P down 92 points. The pound sterling is dropping to levels last seen in 1985. The Yen and US dollar are rocketing higher and US treasuries are in huge demand pushing yields lower. Gold is soaring.

Europe is down a lot more the North American futures advise our markets will open, as investors run for cover and into anything they deem as safe.

There is little point in rehashing how we got here and why. Instead let’s review some trade ideas for Friday.

Handling The Spy ETF Reverse Iron Condor Trade

FullyInformed Members can review this strategy discussion of the Spy ETF Reverse Iron Condor Trade directly through this link or they can sign in to the full site here. Non-members can join here or read about the benefits of a membership.

Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.