SPDR S&P 500 ETF Trust
Long
Updated

Opening (IRA): SPY June 16th 351 Short Put

105
... for a 3.60 credit.

Comments: Already have April and May rungs on, so adding a rung in June, targeting the <16 strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Naturally, if we get weakness, higher IV, I'll add rungs in shorter duration, lower strikes.
Trade closed manually
Closed today for a 1.66 debt. 1.94 ($194) profit. Now out of QQQ and SPY second quarter short puts.

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