Small Account Trader PRO Alert: Roll SPY Short Put

We will need to add an additional leg on our SPY trade this week. For today, let’s just roll our 16 Nov 376 put out two weeks. We will add the other leg via alert or possibly during the live trading session on Friday.

 

TRADE ROLL

 

SPDR S&P 500 ETF (SPY):  396.26

 

TRADE ACTION:  ROLL the SPY 16 Nov 376 put to the SPY 30 Nov 376 put for a net credit of around 1.20

BTC the SPY 16 Nov 376 put

STO the SPY 30 Nov 376 put

 

The Master Portfolio is trading 3 contracts.