BUY SPY @ $445.23

Buying SPY @ $445.23

25% position

Just like that QQQ trade I made earlier this week, the same trading newsletter says to buy SPY here with a tight stop just below today's low. 

My stop is: $439.99

Target is: $480.00

This is a low-ish risk and high reward trade. 

I'm jumping on board because another investing service pointed to the fact that SPY's volatility curves are in backwardation - meaning that near-term volatility is higher than expected volatility in the coming weeks/months. So this volatility spike is non-trending (so far). 

When 2 investor guides/services agree coming at it from very different angles, it's hard to argue. 

Let's see if this one wins back that QQQ loss!