Issue No. 240 – Sat 04 July 2026
Stocks edge higher in past 2 weeks.
There may be some rises early next week before Stock Crash.
In order not to miss the market, we have initiated a trade to short S&P 500.
The financial instrument is SPX PUT option.
S&P 500 closes on Thu 02 July 2026 at 7,483.
The strike we choose is 6,900 (about 8% below market).
Expiration date is: 31 July 2026.
The premium (our cost to acquire the PUT options) = US$13.00 per share.
We expect S&P 500 to fall sharply below 6,900 by the end of July 2026.
Alternatively, one can buy SPY (which is 1/10 size of SPX) to obtain the same results.
Here is our Portfolio, consisting of 19
contracts in SPX Put Options. Each contract has 100 shares.
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