The system stats are via SPY for first entry both long and short
and SSO and SDS for the second entry. You can trade what fits
your style whether that's SH or deep in the money puts etc
I suggest you read the FAQ in the SPY Pro system
section
good point regarding the dividend, if the system holds the trade
that long we'll decide options on what to do, however the average
hold time for this trade is only 3 - 4 days so we may not have to
worry about that
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Spy pro
SPY Pro system possible short trade
Posted by kab34 on 27th of Feb 2017 at 02:13 pm
do you mean a short via SH?
The system stats are via
Posted by matt on 27th of Feb 2017 at 02:15 pm
The system stats are via SPY for first entry both long and short and SSO and SDS for the second entry. You can trade what fits your style whether that's SH or deep in the money puts etc
I suggest you read the FAQ in the SPY Pro system section
SPY dividend date is March
Posted by dougnash on 27th of Feb 2017 at 03:26 pm
SPY dividend date is March 17 so any holders of that short will have to pay the divy. (Just in case it turns into a lengthier hold time)
good point regarding the dividend,
Posted by matt on 27th of Feb 2017 at 04:40 pm
good point regarding the dividend, if the system holds the trade that long we'll decide options on what to do, however the average hold time for this trade is only 3 - 4 days so we may not have to worry about that