SPY - Not Sold on the Rally - Selling Calls
SPY - Sell to Open 12SEPT (Today) 555 Calls (2 contracts) @ $1.37
I am taking short term trades here selling into a market I am guessing will correct sooner than later. Not sold on this rally and I want to position myself short.
Since there is no Setup right now, I am simply selling short term Calls which will either expire worthless today, or getting a better price for a short where I can sell Puts against the position or just hold.
Real Trades, Real Account, no BS.
I am taking short term trades here selling into a market I am guessing will correct sooner than later. Not sold on this rally and I want to position myself short.
Since there is no Setup right now, I am simply selling short term Calls which will either expire worthless today, or getting a better price for a short where I can sell Puts against the position or just hold.
Real Trades, Real Account, no BS.
Penafian
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