SPDR S&P 500 ETF Trust
Panjang

Opened (IRA): SPY July 29th 350 Short Put

96
... for a 4.00 credit.

Comments: Opened on Friday ... . Selling the <16 strike paying around 1% of the strike price in credit in the expiry nearest 45 days.

Still well hedged with QQQ long put diagonal, (See Post Below), and SPY long put diagonal, (See Post Below), although price has pushed into the short legs of those, lessening their net delta. Consequently, I will either look to add short delta with another setup, do some subtractive Plain Jane profit taking on the short put side (long delta), or some combination thereof.

Penafian

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