Rolling (IRA): SPY September 17th 324 Short Put to the 372

... for a 2.31 credit.

Comments: Part of a longer-dated premium selling strategy ... . With the 324 at >50% max, rolling up to the strike paying at least 1% of the value of the strike. I've collected 6.04 (See Post Below) + 2.31 so far or 8.35 versus the September 17th 372's value of 3.67, so I've realized gains of 8.35 - 3.67 or 4.68 or $468 so far.
Beyond Technical AnalysisoptionsstrategiespremiumsellingshortputSPDR S&P 500 ETF (SPY) wheeling

Related publications

Disclaimer