We will need to add an additional leg on our SPY trade this week. For today, let’s just roll our 16 Nov 376 put out two weeks. We will add the other leg via alert or possibly during the live trading session on Friday.
TRADE ROLL
SPDR S&P 500 ETF (SPY): 396.26
TRADE ACTION: ROLL the SPY 16 Nov 376 put to the SPY 30 Nov 376 put for a net credit of around 1.20
BTC the SPY 16 Nov 376 put
STO the SPY 30 Nov 376 put
The Master Portfolio is trading 3 contracts
TRADE ROLL
iShares Emerging Markets ETF (EEM): 38.25
TRADE ACTION 1: ROLL the EEM 18 Nov 35 put to the EEM 16 Dec 38 put for a net credit of around 1.15
BTC the EEM 18 Nov 35 put
STO the EEM 16 Dec 38 put
TRADE ACTION 2: ROLL the EEM 18 Nov 35 call to the EEM 16 Dec 35 call for a net credit of 0.20
BTC the EEM 18 Nov 35 call
STO the EEM 16 Dec 35 call
The Master Portfolio is trading 5 contracts.