Reallifetrading

SPY covered call for August 2019

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Honestly, just looking to lock in some premium. I DO expect SPY to breakout and make new all time highs (again) very soon. However, getting called away at $303 wouldn't be horrible. Most likely, my plan will be to buy to close these calls if we pull back or chop sideways a bit.

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