3/29: SPY – Over $261.72, consider shorting Mar (3/29) $259 naked puts for mid-point (currently $.35/share), income trade expires today with 95% IVR, bullish hourly and oversold at r200-MA daily. Stop: $259 for now.
by Dan Gibby | Mar 29, 2018 | Past Weekly Options Letters
3/29: SPY – Over $261.72, consider shorting Mar (3/29) $259 naked puts for mid-point (currently $.35/share), income trade expires today with 95% IVR, bullish hourly and oversold at r200-MA daily. Stop: $259 for now.
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