SPY

#ShortPuts – First sale in what I’m hoping will be a long term position. Been holding well over half my cash to start easing into this one. First sale down near the 200ma. VTI is probably a slightly better return but I prefer the liquidity. Now just need a chance to add a few more times.

Sold SPY SEP 20 2019 280.0 Put @ 2.96

7.8% annulaized if held to expiration…