SPDR S&P 500 ETF TRUST
Short

SPY S&P 500 ETF Bearish Flag

744
If you haven`t noticed, our Midterm Elections price target was reached:
SPY S&P 500 ETF Price Target After The Midterm Elections


Now besides the technical bearish flag chart pattern, if i look at the SPY S&P 500 ETF options chain, i would buy the $376 strike price Puts with
2023-1-20 expiration date for about
$7.56 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.

Looking forward to read your opinion about it.



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