Solid day today. Was banking on those SPY puts to payout on a pullback and I got the 50% return I was looking for today. Cashed in and will look for re-entry. May/June 500 and 510s are my preferred strikes based on the weekly 14 day sma

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Solid work. I miss trading options. Had a similar strategy, only trading SPY. Alas, new job prevents me from trading.

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What strike and expiration did you have on spy today? Nice play!

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I had a blend of April 19, May and June puts. 10k in Aprils and more in May/June to give myself runway to let it play out. Based on my research, this was a high conviction trade. Hoping I get a re-entry above 520, but we’ll see.

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Why are the “P/L Open” and “P/L %” fields zeroed out for most?

Closed positions

helpful

How’d the day go today? Reenter?

Yes, re-entered and exited once on the push down to 518. Reopened small positions again post-close around 119.75 and will look to cost average in the morning if SPY stays above 120 in the AM.

Good job op, newbie here on option, any suggested entry for may/june?

I still like GE for a larger pullback

Do you do this for a living?

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