A recap of today's action and my thoughts after posting the preview earlier. Overall, a lot of volatility but not much price movement. Flat day, well below the implied move for SPY today. I think the move will be coming in the next few days, still hard to say which direction that is but I'm still leaning towards down for now.
Chart PatternsTrend Analysis

Short Thesis:
advancedplays.com/short-thesis.pdf

Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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