I'm setting up a Bear Put Spread on AMEX:SPY with the following legs:
Buy 630 Put
Sell 620 Put
Expiration: October 18, 2025
Thesis: I'm expecting a bearish move or neutral-to-bearish consolidation over the coming weeks, likely driven by macroeconomic pressure and technical weakness around the 630 level.
Current Price: ~$629.50
Risk/Reward: Defined risk...
