Jeff 6:45 am on Monday, March 27, 2017
Tags: SPXcampaign ( 2,265 )

SPX call spreads sold

#SPXcampaign Sold these call spreads this morning after the open…
Sold to open $SPX March 31st 2340/2365 call spreads for 6.00. Expire this Friday.
Sold to Open $SPX April 28th 2410/2435 call spreads for 1.75.

Jeff 6:54 am on Monday, March 27, 2017

I was early. You can sell now at higher strikes and/or higher premium.
- optionshane 6:59 am on Monday, March 27, 2017
  
  Followed on the March 31st 2340/2365 call spread STO @ 7.40
  - Jeff 7:14 am on Monday, March 27, 2017
    
    Nice. Now we’ll just have to watch in case we’ve already hit the bottom of the week! Doubtful, but possible.
  - Jeff 10:08 am on Monday, March 27, 2017
    
    Well, this recovery is certainly not what I expected today, and I do still expect lower prices this week. However, if I’m wrong, I will be rolling out the 2340 call spread that was sold this morning. If we are this high or higher near the close, I will consider rolling today.
    - fuzzballl 10:14 am on Monday, March 27, 2017
      
      Sure didn’t expect it either. Gotta take out the 50 before we can do any real damage. Today’s a good start hopefully.
    - jsd501 10:14 am on Monday, March 27, 2017
      
      I think it is going up this afternoon on light volume so not buying anything.