Karim Rahemtulla | Co-Founder | Monument Traders Live
Close your SPY put spread for a 50% gain or more
SPY
In the forecast issue I told you to buy an SPY put spread ($680/600) expiring in Jan 2027.
While I think we can make more than 50% - it's too good of a gain to give up after just two and a half months!
And, I think we could have a bounce in the market after four down weeks so there could be an opportunity to re-enter.
Of course, you can do as you please, but I think making 50% in a couple of months is nothing to sneeze at in this market and our positioning and timing was spot on!
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