We will need to add an additional leg on our SPY trade this week. For today, let’s just roll our 16 Nov 376 put out two weeks. We will add the other leg via alert or possibly during the live trading session on Friday.
SPDR S&P 500 ETF (SPY): 396.26
TRADE ACTION: ROLL the SPY 16 Nov 376 put to the SPY 30 Nov 376 put for a net credit of around 1.20
BTC the SPY 16 Nov 376 put
STO the SPY 30 Nov 376 put
The Master Portfolio is trading 3 contracts.