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

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Mar 10, 2023 3:03 PM

... 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.

Comments

KOB1337

⋅ Mar 10, 2023 6:54 PM

Thank you for the 50% gainz in 1 day. Got in late at 3.70

NaughtyPines

⋅ Mar 10, 2023 7:08 PM

@KOB1337, Turns out that IWM/RUT was the better short. Can't have everything, naturally.