Rolling: SPY April 29th 375 Short Put to April 29th 431

70
... for a 4.09 credit.

Comments: Flattening net delta directionality by rolling the short put to the strike that is one-half the delta of the call (which is at the 454 strike). Total credits collected of 6.96 (See Post Below) plus 4.09 equals 11.05.

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