NaughtyPines

Opening (IRA): SPY April 21st 368 Short Put

做多
AMEX:SPY   SPDR S&P 500 ETF TRUST
... for a 3.80 credit.

Comments: Targeting the <16 delta strike in the shortest expiry that is paying around 1% of the strike price in credit, which is (ugh) currently April (84 DTE). Will look to add in shorter duration if we get an uptick in IV.
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