I have been discussing the SPY Put options more frequently since August when the market started to correct. When trading in the Spy Put options, the key aspect to remember is that it is a trading product and not a product to be held for any lengthy period.
The most recent Spy Put Options I purchased were the $208 put strike which expires today. In between the original purchase I have been trading the Spy Puts based on the market direction outlook.
I am creating a new trading table for the Spy Put Options which will incorporate the market direction outlook and therefore the outlook for trading the Spy Put Options. This is not a trade for every investor as it takes practice and capital that can afford to be lost. I always recommend paper trading until the winning trades are consistently 80% of the trades being done. When trading with real capital all it takes is a couple of losses and most investors will lose their confidence to trade the Spy Put Option.
Instead by paper-trading, investors have the opportunity to learn more without losses. This builds confidence.
Here is the latest Spy Put Trade strategy article for FullyInformed USA members.
SPY PUT Trade Alert for Nov 13 2015
This FullyInformed Members Strategy Analysis of the SPY PUT Strategy trade can be directly accessed through this link or Members can login 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.