NEW TRADE IDEA:
New Master Trader Bull Put Credit Spread on SPY based on price action below.
Reminder, please read the value-added documents at the bottom of your member area.
Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income.
9/20: SPY – Consider shorting Sep (9/24) $289.5/284.5 bull put credit spread (4 DTE) around current mid-point of $.40/share. Gap breakout daily, bullish intra-days. Stop Loss $290.98.
