NaughtyPines

Rolling (IRA): SPY January 21st 328 to 397 Short Put

AMEX:SPY   SPDR S&P 500 ETF TRUST
... for a 3.02 credit.

Comments: More clean-up of my longer-dated SPY premium-selling setup ... . Here, rolling the January 21st 328 up intraexpiry to the strike paying at least 1% in credit. Total credits collected of 5.15 + 3.02 = 8.17 relative to the 397 short put value of 4.04, so I've locked in gains of 8.17 - 4.04 or 4.13 ($413) so far.
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