Tag: Time Decay

SPY Spread Look Back Trade

SPY 06/03/2016 In addition to the SPY trade above I also traded one with a shorter time frame and with the short ‘in the money’. The one above I had about four weeks between the strikes. That gave me room to continue to sell against my Long position or the ability to wait for them […]

SPY Spread Look Back Trade

SPY 6/3/2016 I made one more SPY trade on 6/3/16 in order to show the difference in how different time frames and strikes worked on this type of trade. When I entered this trade SPY was at $210.48 and like above I felt that it was going to move down off of a retrace. On […]

SPY Spread Look Back Trade

SPY 6/3/2016 On 6/3/16 I decided to place a trade in the SPY to take advantage of time decay between two Call positions. The SPY was trading at $209.89 and I believed that the market would continue down from there. I sold the June week 2 expiration $211.00 Call for $0.59 and purchased the July […]