fuzzballl 12:15 pm on Wednesday, March 20, 2024
Tags: SyntheticShortStock ( 108 )

SPX

#SyntheticShortStock – Another round. Staying aggressive.

Bought to Close SPX Mar 20 2024 5150.0 Puts @ .65 (sold for 13.70)

Sold SPX Mar 21 2024 5200.0 Puts @ 12.15

jsd501 12:27 pm on Wednesday, March 20, 2024

If you keep this up, you are going to have a big tax problem next year but, that is a god thing.
- fuzzballl 12:47 pm on Wednesday, March 20, 2024
  
  Synthetic shorts are down but collected way more than enough premium to cover that. Getting close to covering out of pocket on 2 of the 3 positions. Then start working towards covering max loss. Then still have a couple years to sell against them.
  
  Wouldn’t mind a drift lower though. Higher VIX the better.

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