NaughtyPines

Rolling (IRA): SPY Oct 15th 382 to Nov 19th 401 Short Put

AMEX:SPY   SPDR S&P 500 ETF TRUST
... for a 2.86 credit.

Comments: More profit-taking, longer-dated SPY ladder housekeeping. With the October 15th 382 at >50% max (there's only 1.15 left in it at the moment), taking profit and rolling it out to the November 15th 401 which is paying 4.02 -- around 1% of the strike price in credit. Total credits collected of 10.45 (See Post Below) plus 2.86 = 13.31 versus a current short put value of 4.02, so I've realized gains of 13.31 - 4.02 or 9.29 ($929) so far.
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