Rolling (IRA): SPY June 17th 370 Short Put to August 19th 340... for a 2.31 credit.
Comments: Part of a longer-dated strategy to emulate dollar cost averaging into the broad market. With the June 17th 370 at greater than 50% max, rolling it out to the <16 delta strike in shortest duration monthly paying at least 1% of the strike price in credit. Credits collected of 3.65 (See Post Below), plus the 2.31 here equals 5.96 relative to a short put value for the August 340 of 3.48, so I've realized gains of around 2.48 ($248) so far.
I considered rolling out to July, but still have rungs on in that expiry that I don't want to step on, so rolling out for longer duration here is more of a practical thing than a mechanical thing.
