Opening (IRA): SPY November 18th 340 Short Put

... for a 3.50 credit.

Comments: Part of a longer duration premium selling strategy in SPY when shorter duration isn't paying. Here, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. I'll naturally return to shorter duration stuff if we get weakness and higher IV.
Beyond Technical AnalysisoptionsstrategiespremiumsellingshortputSPDR S&P 500 ETF (SPY)

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