Selling Calls To Take Advantage of SPY Drop to 82 By 18-Sep

Chances SPY Will Drop To 82 By Mid September

  • Virtually Impossible

    Votes: 6 8.0%
  • Unlikely

    Votes: 8 10.7%
  • Possible

    Votes: 13 17.3%
  • Likely

    Votes: 25 33.3%
  • Sure Thing

    Votes: 16 21.3%
  • Yet Another Fool Ready To Part With His $$

    Votes: 7 9.3%

  • Total voters
    75
no trades today, eod update:
attachment.php
 

Attachments

after the wild month i just have to be content with what i got: profit is profit. one thing that i could have done differently was to buy some cheap OTM calls when the market was dropping last week to have an insurance against the kind of the wild ride up we got this week.

Bought 800 SPY to offset short call assignment. i will be long 8x Sep Puts on Monday. Not sure if I should close them or sell some Aug puts against them.

July 17 EOD update:
attachment.php
 

Attachments

Back
Top