SPDR S&P 500 (SPY)

[NetNeutral]

You r correct Sir, in addition, we STO 273 calls at 1.85(Q x 4) or half our 275 call position, hence, even if 275 doesn't get tagged we could add to our 100.00 plus gains this week(which BTW already cover our cost of the 275 calls, 1.50 x Q x 8 = -48.00 loss), if price drops enough to BTC them 273 calls at a profit??