SPXL short

42
After SPY quick Up, there might be downside move.

Short entry 159
Stop 163,
Target 130, 100

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active
Buy Oct. Put butterfly P130/100/70, Limit 2.65
expire in 133 days.

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