Opening (IRA): SPY July 15th 370 Short Put

... for a 4.00 credit.

Comments: Part of a longer-dated short put ladder strategy targeting the <16 delta strike paying at least 1% of the strike price in credit.

Portfolio net delta remains long, hedged off in part by a short delta SPY long put diagonal.
Beyond Technical AnalysisoptionsstrategiespremiumsellingshortputSPDR S&P 500 ETF (SPY)

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