Rolling (IRA): SPY Nov 19th 345 Short Put to Dec 17th 376
... for a 2.40 credit.
Comments: More cleanup/profit-taking on my SPY longer-dated short put ladder, here, in the November cycle. With the November 19th 345 at >50% max (it's worth 1.37 here), rolling it out to the December strike paying at least 1% of the strike price, which is the 376, paying 3.77.
Total credits collected of 6.19 (See Post Below) plus 2.40 or 8.59 versus a current price for the December 376 of 3.77, so I've realized gains of 8.59 - 3.77 or 4.82 ($482) so far.
Comments: More cleanup/profit-taking on my SPY longer-dated short put ladder, here, in the November cycle. With the November 19th 345 at >50% max (it's worth 1.37 here), rolling it out to the December strike paying at least 1% of the strike price, which is the 376, paying 3.77.
Total credits collected of 6.19 (See Post Below) plus 2.40 or 8.59 versus a current price for the December 376 of 3.77, so I've realized gains of 8.59 - 3.77 or 4.82 ($482) so far.
