NaughtyPines

Opening (IRA): SPY March 18th 381 Short Put

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
... for a 3.95 credit.

Comments: Part of a longer-dated strategy to emulate dollar cost averaging into the market without (ideally) taking on stock. Selling the strike paying at least 1% of the strike price in credit in the shortest duration monthly where the strike is 16 delta or less.
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