Closing (IRA): SPY Dec 16th 315/Jan 20th 280/Feb 17th 250

... short puts.

Comments: I closed out these legs individually, but am posting them here together to save time.

The December 16th 315, opened for a 3.16 credit, closed for a 1.44 debit. 1.72 ($172) profit. (A standalone one-rung).

The January 20th 280, opened for a 2.96 credit, closed for a 1.42 debit. 1.54 ($154) profit. (Part of a three rung short put ladder).

The February 17th 250, opened for a 2.58 credit, closed for a 1.26 debit. 1.32 ($132) profit. (Part of a three rung short put ladder).
Beyond Technical AnalysisoptionsstrategiespremiumsellingshortputSPDR S&P 500 ETF (SPY)

Related publications

Disclaimer