Replies to post #182707 on SPDR S&P 500 (SPY)

[risk on]

Thinking 194/196c 2/12 and some weekly 193/194c , use 185p 2/26 as insurance , then unwind the calls as price approaches the upper BB , dca puts along the way, and transition all calls sold into puts 181-187 p w varying exp dates 2/19 - 3/11, even though I fully expect X to be reached in the interim , but as I say , the #1 commodity w contracts ....TIME.