/biz/ - Business & Finance

>>21837935
Technically: Double top is forming on the SPY weekly, it's overbought, look at how high new price levels are at relative to support lines, and volume has declined.

Fundamentally: Covid cases are shooting up again, Fed money drying up, upcoming election shenanigans, too much euphoria and way too much talk of "SICK RALLY BRO. HOW MUCH HIGHER CAN WE GO?!?!"

Things aren't any different now, nor will they ever be. Even if it isn't a ball crushing correction that will make you into a eunuch like the one we saw in March, it should be a good opportunity to profit with puts.

I've got Apple puts expiring in late September , and November to cash in on poor sentiment for their new releases.