The $SPY like any other ETF has taken a big hit on the news from across the blue ocean. The #Brexit exit came as a surprise and probably the market was not discounting these results as such.
In Any case we were prepared and have had hedges in place, our $SPY 206 Puts that we took last week in the chat room are up more than 330% in profits, along with our other hedges, we will be booking those profits as these calls expire this week.
Below are the charts on some targets on $ES_F
$ES_F Weekly