The following trades are pending, subject only to the stocks closing below the indicated levels:
Blue Line Trading YouTube Channel - Trade of the Week
For subscribers, if you haven't already rolled over into the SPY Mar $265 Puts, this is a good time to do so. However, based upon today's action (mid-day), I would move out-of-the-money to the March 15th $260 Puts (trading at about $5.50). If a new leg down is starting, which is the premise of the video, it doesn't matter what SPY puts you are holding, so long as you are holding SPY puts.