Buy SPY (sell puts)

Buy SPY via selling Oct 96 puts SPY at 106.40

Change of plans. More than a few stock market timers sold the tiny dip, so the odds of this becoming a serious correction seem slim. Here is the Mark Hulbert article at Marketwatch (link).

Puts are 10% out of the money, so worst case would be an exercise where I buy the hard dip.

Long SPY