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 Hi readers!

This is just a small update on my trading position. Here it is:


Yesterday, SPY was at 422, so I decided to buy an ATM long straddle. Here is the picture:



So, I will wait and see if SPY makes any big move, and I will adjust my position accordingly. If it does not make a big move, I will have to start shorting options to take advantage of the low volatility. Also, the expiration cycle for this straddle is October 23.

I am also planning to buy some time spreads this week, so be on the lookout for another post!

That’s it for today, and that you for reading!


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