NaughtyPines

OPENING: SPY DEC 16TH 255/258/286/289 IRON CONDOR

AMEX:SPY   SPDR S&P 500 ETF TRUST
... for a 1.11/contract credit.

Notes: Another adjustment trade to keep my overall SPY position neutral to slightly short. Picking up -2.38 delta/contract. My scratch point for my SPY positions as a group is 4.35/contract. I'll look to mix and match profitable short call/short put sides to peel off units going forward and/or adjust as net delta of the position dictates.

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