Rolling (IRA): SPY July 16th 306 Short Put to August 345

... for a 2.63 credit.

Notes: With the July 306 at >50% max, rolling out to the August strike paying at least 1% of the value of the strike, which is the 345 (paying 3.67). Total credits collected of 7.07 versus 3.67 short put value: 3.40 ($340) in realized gains.
Beyond Technical AnalysisoptionstrategiespremiumsellingshortputSPDR S&P 500 ETF (SPY) wheeling

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