Roll Down

I bought back the 132 SPY Puts that I am short and instead wrote the 131 strike. I know this options talk is confusing for many. Earlier in the day I took a more bullish position and I now moved to a less bullish position. To put it simply I have been buying weakness and selling strength.

3 comments:

Fred Ngo said...

Please continue with the "options talk". It behooves people to further educate themselves if they find something confusing.

Tsachy Mishal said...

I shorted the 132's last week. Was still holding that.

Tsachy Mishal said...

No, Im still short the 130. Im short the 130 and 131's expiring tomorrow.