$SPDR S&P 500 ETF Trust(SPY)$ This lot of SPY has officially been called away, closing out this SPY wheel cycle with a solid profit on the underlying alone in a week. When you factor in the multiple $50 premiums collected from both the initial puts and the series of calls thru )DTE over the last weeks, the total return for a one-week hold is excellent. With the capital now freed up and the profit locked in, I’ll be looking to start a fresh wheel as soon as the next trading day begins. Trade Feed: Who is your favorite trader?
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