adding $SPY 132 weekly puts at .19-.20 OVERSIZED yesterday we entered these at .27-.28 so this brings down the average

/b adding $SPY 132 weekly puts at .19-.20 OVERSIZED yesterday we entered these at .27-.28 so this brings down the average. The market fell at open but bounced up on great data but a little to fast so will use this sharp push up as an add opportunity. The data was really good but we should pullback intraday before continuing higher, if we do I wish to instead of looking for a break even level instead will look to create a credit spread by shorting the $SPY 133 or 134 puts next hopefully at a higher premium than they are trading at now.

Posted in General Trading