Friday’s close on the daily chart indicated to get short the SPY (Conditional Change 329.27). I had rolled the Calendar trade I was doing earlier that morning and then closed it so I was hit with dat trading rules. I am conducting an experiment to take a small account of $3,250.00 and see how much we can pull in a year. So far the account has increased $240.00 which is a 7.4% increase.
Current Trade:
Feb 18 2020 328 Call 1 Contract Sell $5.08
Feb 18 2020 328 Put 1 Contract Buy $3.89
Feb 18 2020 337 Call 1 Contract Buy $.31
Sold the above position 1/28 for a total of .37 -.88 for a loss of 125.00
Great strategy Stacey, thanks for sharing!