SPDR S&P 500 ETF Trust
Updated

Opening (IRA): SPY January 15th Short Put

166
... for a 3.19 credit.

Comments: Part of longer-dated strategy to emulate dollar cost averaging into the broad market when "local" (<45 days until expiry) IV isn't paying. Targeting the strike paying around 1% of the strike price in credit. Will look to take profit and/or roll at 50% max.
Trade closed manually
Closed this here for a 1.42 debit -- >50% max. 1.77 ($177) profit.

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