Hello Investors,
Our trade we opened on December 31 (see below) is in the money and there is no chance for the market to recover by the end of today. So we decided to roll the trade a few days ahead.
2022 0228 SPX roll
ORIGINAL TRADE - DO NOT OPEN

We open this type of trade every Friday and hedge these trades with our debit spreads that we open every month. Therefore, we are opening our Friday's trade this morning:

Sell SPX 10 dollar wide put spread
60 DTE
14 delta
Place a GTC closing order for 75% profit

And here is the trade:

Sold 1 SPX 02/28/22 Put 4355.00 @ 33.52
Bought 1 SPX 02/28/22 Put 4345.00 @ 32.67
credit: 0.85

The trade was executed for 0.85 credit.

Max risk: $915
Max Reward: $85
2021 0930 AES roll
2021 1217 SPX 60 dte2
Have a great week!

You can see all our trades in this spreadsheet.
Disclaimer
We are also placing a GTC (good till canceled) buyback order for 75% of the credit.

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