7/28/17 1:02 PM EST: New short trade for Greg via the SPY Oct expiry 245 strike puts.
https://www.traderschoice.net/money-page--stock-picks.html
Those are now trading at 4.10...ish. Days range between 3.98 and 4.33.
The SPY chart to follow. Imo it could go either way and I wouldn't have considered the short yet personally. But the chances are still there for a decent payoff. Greg will likely have to act quickly on the next selloff though. Methinks the sexy VIXens are now moving towards very short term sell signals. I don't believe the VIX will trade much above 11.50 if the markets sell of here. VIX now at 10.87 as the SPY trade "live!" at 246.60.
8/8/17 update: Greg closed out this SPY trade at 3.25...ish. A "sizable" loss from his 4.10 entry.