Buy SPY via selling Jun 124 puts, SPY @136.0. Support at 134, 130, 125. I add another layer of short puts. I have a Jul 115/120 put vertical as a protective hedge against layers of short puts. This translates to a bullish bets in May and Jun, with a protective hedge out to Jul.
Long EEM, GDX, GLD, IWM, SPY, TBT/TLT
TBT/TLT = short strangle on TLT
No comments:
Post a Comment