New Trading Idea in the S&P 500

QPI Trading Ideas

We just put out a research note on the S&P 500 Options Activity. The point was simple. Group Options Activity is a bit extreme on the call side and worked well as sell indicator February and August. Third time a charm?

Here here is how we would trade this:

1.Buy SH which is an ETF that is short the S&P 500.

2.Buy the December 15th SPY $456 Put for $4.23.

Th…