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SPY S&P 500 ETF Bearish Flag

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AMEX:SPY   SPDR S&P 500 ETF TRUST
If you haven`t noticed, our Midterm Elections price target was reached:

Now besides the technical bearish flag chart pattern, if i look at the SPY S&P 500 ETF options chain, i would buy the $376 strike price Puts with
2023-1-20 expiration date for about
$7.56 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.

Looking forward to read your opinion about it.




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