Tune in on Monday for more exciting trading and fun.
New to this so the Put I bought yesterday 2660 for $15 I sold this morning in first 15 min for $20, as prices were declining.
Now I entered BePS debit 2620/2610 for $4.90 when price 2610 and weak. I’m considering adding to this position but need to know if I have to close it out or will automatically settle in cash? Can anyone help?
Ripsaw market, up 30-50 one day, down 50-60 the next. I wanted some volatility but could be a little less pronounced than this.
Looks like all my CC will expire OTM now FAS, ERX, LNG, so will sell new calls on Monday.
Have a good weekend!
Sold $SPX Apr 27th 2750/2775 call spreads for 2.35
Sold May 4th 2400/2375 put spreads for 1.60
Sold Apr 20th 2600/2625 put spreads for 10.25. This last one is betting on a bounce for Monday. But if that doesn’t happen I have two weeks to expiration so the flexibility to roll it ITM.