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krugman25

SPY - (Short Premium) Short Strangle

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
krugman25  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Support and Resistance Supply and Demand SPDR S&P 500 ETF (SPY) ES QQQ djia options optionselling premiumselling shortpremium shortstrangle
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trendanalysis supportandresistance supplyanddemand spy es qqq djia options optionselling premiumselling shortpremium shortstrangle
Short strangle on SPY with a short delta bias. The call is at 288 and put at 259. It is offering about 300$ in premium. My leverage on this is about 0.5x (account balance / underlying notional value). This is a somewhat directional play as well as a short premium play.
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