Close Trade Alert: SPY July/August Calendar Spread #3

Thu, Jul 14, 2011 | Frank

Trades

We’re flattening out our July calendar positions, starting with the adjusted CS#3 (131 put calendar):

Day limit order
Buy to close 4 SPY Jul 131 puts
Sell to close 4 SPY Aug 131 puts
for a net credit of $2.18 or better.

Note that 4 contracts represent our entire stake in this position. Also note that members interested in our experimental hold-through-expiration strategy would keep some or all of this position open.

Tags: , , ,



Leave a Reply

Subscription Access

About

Jared Woodard is a registered commodity trading advisor who specializes in trading volatility as an asset class. With over a decade of experience trading options, futures ... Read More

Categories

Open All | Close All