Small Account Trader PRO Alert: Roll SPY Call

Our SPY short call expires tomorrow. Let’s roll the position out one week ahead of the Fed meeting and expected rate hike next Wednesday.




SPDR S&P 500 ETF (SPY):  400.51


ACTION:  ROLL the SPY 27 Jan 396 call to the 3 Feb 397 call for a net credit of around 2.30 to 2.40

BTC the SPY 27 Jan 396 call

STO the SPY 3 Feb 397 call


The Master Portfolio is trading 3 contracts.