SPDR S&P 500 ETF TRUSTUpdated selling weekly SPY 218 call here (covered it with 221 call)
SPY seems to be in consolidation. I think we reached a short term top. selling calls generates profit by drop in SPY and/or time decay. will close position at 50% profit or roll into next week.
Trade closed manually
closed it at $0.78 around 11:30 ~40% profit
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.
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.