Fwd: SPY calls
Jeffrey
Aug SPY =80 calls at $3.05 (we paid $1.55). The SP500 is bumping up against 2800 =filch has been a big resistance level this year. If it breaks above 2800 = think we could test 2840 in short order. So I am looking at the =ollowing:
Sell 350 contracts of the Aug =80 SPY calls for $3.05
Buy 350 contracts of the Aug =84 SPY calls for $1.27
Take $1.78 off the table and be =ell positioned if we break above 2800.
Are you =K if I decide to do that as opposed to just taking profits?
Thanks
Paul
Paul Barrett
Alpha Group Capital LLC
142 W =7th Street, 11th Floor, New York, NY =0019
Aug 284 Spy calls Paul wanted to swap into are 1.23 x 1.26 =vs 1.27 below) &
Aug 280 calls Paul sold at i believe 2.30 are now 3.11x =.14
https://finance.yahoo.com/quote/SPY/options?p=SPY&date==534464000
Richard Kahn
HBRK Associates Inc.
575 =exington Avenue 4th Floor
New York, NY 10022
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