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Reallifetrading
Jun 21, 2016 4:43 PM

SPY covered call 

SPDR S&P 500 ETF TRUSTArca

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For those who have shares of SPY, it's at a very strong resistance. I did the same strike for June (and it expired worthless). I do not mind selling up here. Trying it again for next Friday.

I wouldn't specifically say if you are NOT in shares, to buy here, just to do a covered call - just FYI
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