SPY Put Ladder

#shortputs #coveredcalls – Swapping some long stock out to start a put ladder in SPY.

Sold SPY Feb 04 2022 450 Covered Calls at $4.22. (bought stock for 450.50)

Hoping for a down day this week to sell a March 4th 440 put (at the 200-Day MA) for around 9 bucks. Planning to sell puts every Friday, 5 weeks out, at the 200-Day MA, as long as I can get at least 1% of the strike price. Just being greedy on this first one hoping for the $9. Wish me luck!