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.

 

TRADE ROLL

 

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