$SPX - Short Term Bearish to $4440
I share this idea on the date of 12th August 2023 (A Weekend)
Level: Experienced Options Trader
SPX - Bearish until $4440
Existing Delta Prints: Buying @ $4440 - 477.961m Delta
Below $4400 the Delta is low & Bearish with low volume.
Stochastic RSI on 30min showing short term decline.
Trade Idea: Long at $4400 with tight SL. Below this and SPX has 400 points to move down.
Level: Experienced Options Trader
SPX - Bearish until $4440Existing Delta Prints: Buying @ $4440 - 477.961m Delta
Below $4400 the Delta is low & Bearish with low volume.
Stochastic RSI on 30min showing short term decline.
Trade Idea: Long at $4400 with tight SL. Below this and SPX has 400 points to move down.
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