Rocket Equities and Options Report 07-19-21 Trading Update
Place an order to Sell to Close the SPY July 28th Debit Put Spread for $6.50
We have gotten a quick move in our direction - I don't imagine markets catch a bid today, but the risk vs. reward of this trade has now shifted against us and we will look to take our profits at about $6.50.
As of 12:30 p.m. ET the SPY is trading at $423.17, and our put spread is trading at about $6.50 right now.
Sell to close our SPY put spread - if you need to move your price to executed then do it. I don't want to risk the $6.50 to make the additional $2.50 in this trade by holding through the next 2 weeks of earnings.
As of 12:30 p.m. ET the SPY is trading at $423.17, and our put spread is trading at about $6.50 right now.
Sell to close our SPY put spread - if you need to move your price to executed then do it. I don't want to risk the $6.50 to make the additional $2.50 in this trade by holding through the next 2 weeks of earnings.