Small Account Trader PRO Alert: Roll SPY options
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.