NaughtyPines

Opened (IRA): SPY Nov 18th 320/Dec 16th 300/Jan 20th 280

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
... short put ladder.

Comments: (Late Post). Added another tranche of rungs in November, December, and January monthlies in Friday's weakness with the November 18th 320 paying 3.23, the December 300 paying 3.05, and the January 280 paying 2.96.

Looking to primarily do housekeeping (closing out rungs at 50% max; rolling rungs) running into year's end in the absence of a new 52-week low.

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