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NaughtyPines

Opening (IRA): SPY May 19th 351 Short Put

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
NaughtyPines  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Beyond Technical Analysis SPDR S&P 500 ETF (SPY) optionsstrategies premiumselling shortput
1
2
beyondta spy optionsstrategies premiumselling shortput
... for a 3.57 credit.

Comments: Adding a rung out in May, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
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