mster
01-06
$SPY 20260105 689.0 CALL$ Selling Covered call on this lot of SPY that was assigned recently after the short put option strike was breached, this is part of the Wheel Strategy, selling the covered call with strike just 2-3 dollar higher during early market. The current IV is relatively low making the wheel on SPY less rewarding.  IV should pick up as we going into earning season, provided this lot of SPY has not been called away just yet. 
SPY CALL
01-05 23:27
US20260105 689.0
SidePriceRealized P&L
Sell
Open
0.45--
Closed
SPDR S&P 500 ETF Trust
Trade Feed: Who is your favorite trader?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • a9032
    01-06
    a9032
    Smart move on the covered calls! IV should rise with earnings. [看涨]
Leave a comment
1
77