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SPY Calls Soar Over 24,000% After Trump Says Iran War 'Complete,' But Key Crash Signal Still Looms

By Benzinga March 10, 2026 Neutral
SPY Calls Soar Over 24,000% After Trump Says Iran War 'Complete,' But Key Crash Signal Still Looms
The S&P 500 and the ETF tracking it, State Street SPDR S&P 500 ETF Trust (NYSE: SPY), experienced a historic bout of intraday volatility on Monday as a sudden military victory claim from President Donald Trump triggered a massive short-term rally, even as the broader market breached a technical level that historically precedes a bear market.
The S&P 500 and the ETF tracking it, State Street SPDR S&P 500 ETF Trust (NYSE: SPY), experienced a historic bout of intraday volatility on Monday as a sudden military victory claim from President Donald Trump triggered a massive short-term rally, even as the broader market breached a technical level that historically precedes a bear market.