No worries, the info is still useful. I sold some SPY
puts(expiring today) this morning, taking advantage of the high
premium. If the market moves down substantially I'll be in at a
lower price, if not I get the premium. I should probably have taken
an SSO position, but maybe next time
Guys for one of these systems to trigger an exit we need to see
a close above I think the 8 day SMA - we are not there yet, but
that gives you a gauge to keep an eye on
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No worries, the info is
SPY systems etc
Posted by jj4376jc on 1st of Dec 2021 at 09:39 am
No worries, the info is still useful. I sold some SPY puts(expiring today) this morning, taking advantage of the high premium. If the market moves down substantially I'll be in at a lower price, if not I get the premium. I should probably have taken an SSO position, but maybe next time
I went long in the
Posted by matt on 1st of Dec 2021 at 09:43 am
I went long in the after hrs - it trades to 8 pm, I didn't wait that long, I bought around the time I emailed out.
as far as selling puts I agree, I would like to eventually employ additional option strategies like that or even collars where if we go long options
Guys for one of these
Posted by matt on 1st of Dec 2021 at 09:46 am
Guys for one of these systems to trigger an exit we need to see a close above I think the 8 day SMA - we are not there yet, but that gives you a gauge to keep an eye on