TRADE ROLL

SPDR S&P 500 ETF (SPY):  383.58

TRADE ACTION 1:  Roll the 30 DEC 408 call to the 13 JAN 400 call for a credit of around 1.30 – 1.35.

BTC 30 Dec 408 call
STO 13 JAN 400 call

TRADE ACTION 2: Roll the 30 DEC 376 put to the 13 JAN 376 put for a credit of around 3.55 – 3.60.

BTC 30 DEC 376 put
STO 13 JAN 376 put

The Master Portfolio is trading 3 contracts.

The market has settled a little bit this morning, but the bid and ask spreads are still a little wider than usual. Work the order and be patient.