Ramie 9:23 am on Friday, June 24, 2016

SPY scalp–going the other way

Sold $SPY Jun 24 204 puts @ .66

Ramie 10:46 am on Friday, June 24, 2016

Bought to close $SPY Jun 24 204 puts @ .53. Profit .13
- Ramie 11:16 am on Friday, June 24, 2016
  
  Going back in. Sold to open $SPY Jun 24 204.50 puts @ .58.
  - Ramie 11:28 am on Friday, June 24, 2016
    
    Adding calls to create a short straddle at 204.50. Looking for decay on both sides.
    Sold to open $SPY Jun 24 204.50 calls @ .48.
    - Ramie 11:39 am on Friday, June 24, 2016
      
      Closed out the puts, and waited way too long to do it. Bought to close Jun 24 204.50 puts @ 1.27. Loss .69.
      Will offset this with calls and possibly another put sale.
      - Ramie 11:55 am on Friday, June 24, 2016
        
        Last one. Sold $SPY Jun 24 203.50 @ .52. Now I have a 203.50/204.50 strangle.

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