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NaughtyPines
4 Th06 2021 15:00

Rolling (IRA): SPY August 20th 345 to September 17th 358 

SPDR S&P 500 ETF TRUSTArca

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... short put for a 1.94 credit.

Comments: At 50% max, rolling month to month to the strike paying at least 1% of the strike in credit (i.e., the 358 is paying 3.60, which is just a smidge over 1%). Total credits collected of 7.07 (See Post Below) plus 1.94 = 9.01 versus a current short put value of 3.60 = a realized gain of 5.41 ($541) so far.
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