NaughtyPines

ROLLED SPY MAY 20TH 207/211 SHORT CALL VERT TO MAY 27TH 208/212

AMEX:SPY   SPDR S&P 500
I didn't like how close price was getting to my short call with 10 DTE             , so I decided to roll the call side out another week and up one strike while I can pay the least amount possible in order to give it more time. I did the roll for a $10 debit, and then rolled out the short put vert side of the setup for a $13 credit, so I took in a small credit on the deal (although this was washed out by fees/commissions). Nevertheless, a small price to pay for a little bit of extra duration, a little more wiggle room, and a higher probability of profit ... .
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