... for a 2.31 credit.
Comments: Part of a longer-dated strategy in SPY targeting the <16 strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Will generally look to roll at 50% max, whenever that occurs.
Naturally, I'll deploy into shorter duration if we get weakness plus a higher implied volatility environment.
Comments: Part of a longer-dated strategy in SPY targeting the <16 strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Will generally look to roll at 50% max, whenever that occurs.
Naturally, I'll deploy into shorter duration if we get weakness plus a higher implied volatility environment.
Trade closed: target reached
Hit 50% max today. 1.15 ($115) profit.
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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.