SPDR S&P 500 (SPY): Ok, so we made $726 yesterday and so far...

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Re: NetNeutral post# 330252

Wednesday, 10/28/2020 9:16:23 AM

Wednesday, October 28, 2020 9:16:23 AM

Ok, so we made $726 yesterday and so far $1706 for the week, BUT, our 340 10/28 calls are looking like they will post a loss of -$1560, hence, we have some work to do today to try to offset said loss!!

With Spy dropping to sub 332 levels it seems appropriate to put on an offset straddle, using 10/28 calls and 10/30 puts!??

Trade well Play-r's, trade well...

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