TheOptionPlayer.com executed the S&P 500 Index ETF (NYSE: SPY) short-term (38-day) option strategy
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The difference between funds received and paid out is a $.56 per share credit which we keep if the S&P 500 Index ETF closes below $242 and above $227 on May 19th, but immediately execute a trade adjustment if it appears the price is moving outside of these boundaries.
The information presented here is for educational and informational purposes only, and this document is not to be construed as an offer to sell, or the solicitation of an offer to buy, securities. Some investments are not suitable for all investors, and there can be no assurance that any investment strategy will be successful.