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might be a good time for a SPY straddle...

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  • might be a good time for a SPY straddle...

    thinking along the lines of a July 1 315c / July 15 240p

    Assuming we hit 320 by July 1 or 220 by July 15, you get 5-1 on the upside and like 17-1 on the downside.
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