Small Account Trader PRO Alert: Roll SPY Call
With the pending FOMC announcement today we have the opportunity to roll the SPY call up and out for a good credit and also grab some capital gains.
SPDR S&P 500 ETF (SPY): 404.53
TRADE ACTION: Roll the 14 Dec 405 call out to the 30 Dec 408 call for a credit of around 1.40 – 1.45.
BTC the 14 Dec 405 call
STO the 30 Dec 408 call
The Master Portfolio is trading 3 contracts.