To The Moon

$SPDR S&P 500 ETF Trust(SPY)$ Options activity indicates a bearish trend. Major trades include selling $510 calls for $76M and $520 calls for $63M. The consistent call selling suggests that institutions expect downward pressure on the S&P 500… This may be the reason why it opened high but traded all the way down last night… 😢 Better be cautious for now $.SPX(.SPX)$ $.IXIC(.IXIC)$