SPY Put Ladder

#spyladder #shortputs – Reducing risk by shortening the expirations of my SPY puts and lowering the strikes.

BTC SPY April 11 2022 440 Put for 11.10 (Sold for 11.15)

GTC order open:
STO SPY Feb 28 2022 406 put for 2.20 (If it fills that’s still 13% annualized.)

I’ll reply when/if I get a fill. I think if SPY retests its overnight lows it should fill. Leaving now to go babysit grandkids. Lol.