SPY @207.68 (-1.08% move so far)
Sold OCT put spread 199/194 for .86 58 DTE
I am treating this mornings move as an overreaction, taking the opportunity to place a trade farther out of the money with 199 strike.
I shouldn't have any concerns until SPY reaches 199.
If SPY reaches 204, I will enter another long position
Sold OCT put spread 199/194 for .86 58 DTE
I am treating this mornings move as an overreaction, taking the opportunity to place a trade farther out of the money with 199 strike.
I shouldn't have any concerns until SPY reaches 199.
If SPY reaches 204, I will enter another long position
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.