Hey
1) what is the price average of 1 spy contract ATM one month out on average ?
2) what happens if i have A SPY AT 278 and i sell one at 278.5 what are my risks ?
i have 2 nov 5th at 274 puts
and 1 21 nov @ 280 call
and 1 23 nov@ 278 call
basically its a straddle would ou wait to see where the market goes and wait till everything comes down or sell them now and open a new position?
what stragaties can i do with options if i always want to have in my account the security of downside how do i have a portion that doesn't make me lose money but if i have a downside it will make money?