Per 100 shares of the SPY
(1) Buy to close Feb 3 $336 SPY Call & Sell to close Feb 3 $323 SPY Put
(2) Sell to open Feb 5 $327 SPY Call & Buy to open Feb 5 $324 SPY Put
Trading is risky, see below for disclaimer. 

Today’s Trade Results:

  • SPY traded from $323.96 to $323.87(-0.09)
  • Option Collar -$0.62 to open and +$0.41 to close (-0.20)
  • Net Profit Today: -$0.29/share or -$29 per contract

View Our Monday/Wed/Friday SPY ETF Track Record Here

The images below show you how to close the previous trade in the top image and how to enter into the new trade alert in the bottom image.

Remember, we use 1 option contract per 100 shares of the SPY and this position is traded every Monday, Wednesday and Friday at 12PM Eastern.

This is your maximum risk vs reward in today’s trade alert:

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If you need help getting our trade alerts or have any other questions please contact us anytime at support@portfoliobuilder.io

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