Buy SPY (sell puts)

I add to my SPY longs via selling Apr 103 puts, SPY @130.7. I am already short SPY Mar 116 puts and Mar 105 puts. Basically, those buying the way out puts are betting on a stock market crash, or buying insurance against a crash. I am taking the other side.

My trades earlier today are under water as option premiums continue to climb and EEM moves lower. My timing could definitely have been better. I came into the cycle with minimal exposure and plan to continue to scale into positions.

Long EEM, GLD, SPY, TBT