The biggest American debt selloff in 15 years http://money.cnn.com/2015/10/14/news/economy/us-treasury-debt-selloff-2015/index.html
Visaria was right im drowning my sorrows after missing that setup, looks so pretty in hindsight, good work to you guys who shorted it, oh well cant get em all I guess.
It's pretty similar to trading some far OTM puts/calls...you know that the odds are they will eventually expire worthless, but you can game them up and down in the interim.
Put on a couple nov spy call credit spreads @ 204/204.50. In hindsight I should have just used the ES or SPX instead because the commission blows on that close of a strike, assuming I can get the same relative fill through any of those 3 routes of course. Oh well, consider that lesson learned. What do you all prefer to use, SPY, SPX, or ES?