SPY Roll 27 July

SPY has moved up from $321 to $323, wo we recentered on that new strike of 323. The positions were profitable, making an additional $5,772 overall, or $360.75 per contract or $3.28 per share. I took advantage of the profits and the excess cash flow to roll forward in time. This gains more time erosion on our sold positions, which allows us to "milk" our financial cow more frequently.

size: 16 contracts
basis $48,535 or $28.56 / share
cash flow $17,320 $10.82 / share
p&l $10,317 or $6.44 /share