We have several open positions expiring tomorrow. We can manage a couple of those today. Let’s start by rolling our SPY short call out one week.
SPDR S&P 500 ETF (SPY): 411.27
TRADE ACTION: ROLL the SPY 17 Feb 398 call to the SPY 24 Feb 398 call for a net credit of around 0.90 to 0.95
BTC the SPY 17 Feb 398 call
STO the SPY 24 Feb 398 call
Master Portfolio Trade: 5 contracts