SPY | MA Supports Short Strangle

After today's pop, call premiums are rich and MA support levels imply a high probability of 257 puts expiring OTM. Given the short dated contracts, the theta decay will be accelerated and premium can be collected while the market sorts out trade war turbulence.
SPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis

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