Just heard some news that the fiscal cliff is somehow resolved at the 11th hour. This just means that the SPY is likely to shoot to the stars. This is very good news as we can look for a suitable Call Spread. I know I will be looking for that opportunity.
Alternatively, I think a Put Spread if sold early might be a good idea as well. :)
Oh well, just thought that this would be a timely piece of information to share.
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