Rolling (IRA): SPY December 17th 376 Short Put to December 31st
361 Short Put ... for a .04 credit.
Comments: Another window dressing trade where I want to reduce risk temporarily in this low volatility environment, while locking in realized gains. Here, I've collected 8.59 in credits with rolls (See Post Below) relative to a short put price for the 361 of 1.06, so have realized gains of 7.53 ($753) so far. Will look to take this off on approaching worthless if we don't get a bump in volatility running into expiry.
Comments: Another window dressing trade where I want to reduce risk temporarily in this low volatility environment, while locking in realized gains. Here, I've collected 8.59 in credits with rolls (See Post Below) relative to a short put price for the 361 of 1.06, so have realized gains of 7.53 ($753) so far. Will look to take this off on approaching worthless if we don't get a bump in volatility running into expiry.
