Rolling (IRA): SPY August 20th 378 Short Put to September 386
for a 2.27 credit.
Notes: With the August 20th 378 at >50% max, rolling it out mechanically to the next monthly strike paying at least 1% of the strike price in credit. I've collected 11.31 (See Post Below) + 2.27 in credits so far or 13.58 ($1358) relative to the September 17th 386 current price of 3.86, so have realized gains of 13.58 - 3.86 or 9.72 ($972) so far.
Notes: With the August 20th 378 at >50% max, rolling it out mechanically to the next monthly strike paying at least 1% of the strike price in credit. I've collected 11.31 (See Post Below) + 2.27 in credits so far or 13.58 ($1358) relative to the September 17th 386 current price of 3.86, so have realized gains of 13.58 - 3.86 or 9.72 ($972) so far.
