JLJ002500
Short

SPY_Trade Journal_Call Credit Spread_Short @ $208

AMEX:SPY   SPDR S&P 500
As anticipated, SPY             reached my "strong sell zone" and even with drop today, could eventually continue further in the zone. I closed my XIV             position two days ago with a +20% gain and yesterday I opened a short SPY             position by selling call option (credit or bear) spreads. My previous positions have all been expired and this has been the first favorable opportunity this year to open additional positions.

Using VIX             ETFs/ETNs for anticipated shorter term moves (10 - 30 days) and selling credit option spreads when risk/reward is acceptable has work very well thus far.

1M:
snapshot
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out