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Shortput

Rolling (IRA): SPY April 14th 375 to May 20th 408... for a 3.75 credit. Comments: Unfortunately, shorter duration isn't paying what I would like to see in SPY, so rolling it out to the monthly <16 delta strike paying at least 1% of the strike price in credit. I've collected a total of 4.00 (See Post Below), plus the 3.75 here for a total of 7.75 with the 408 currently paying 3.91, so I've realized gains of around 3.84 ($384) so far. Still have April 14th, April 22nd, April 29th, May 20th, and June 17th rungs on to play with.
AMEX:SPYLong
by NaughtyPines
Rolling (IRA): SPY March 18th 412 Short Put to April 29th 375 ... for a 1.40 credit. Comments: This is a smidge shy of 50% max, but has only 7 days to go. Rolling it down and out to the April 29th short put paying at least 1% of the strike price in credit. Total credits collected of 19.07 (See Post Below) plus 1.40 or 20.47 relative to the 375's current price of 3.98, so I've realized gains of 16.49 ($1649) so far. Still sticking with the weeklies here so long as the 45 DTE <16 delta strike continues to pay >1% of the strike price in credit.
AMEX:SPYLong
by NaughtyPines
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