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Closed my weekly position on friday for $1.2 (20% loss) as soon as the markets started to break the highs but sill wanted to fade new highs going into next week and sold a credit spread in SPX. just wanted to give a little time to markets to break this new high at these levels.
SPX sell vertical:
Sell 1X $1480 weekly call
Buy 1X $1485 weekly call
(Got a credit of $1)
*Please do your own research before buying any stock listed here. Disclaimer.
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