{"id":1583,"date":"2020-07-28T20:20:02","date_gmt":"2020-07-28T20:20:02","guid":{"rendered":"http:\/\/tradejolt.com\/wordpress\/?p=1583"},"modified":"2020-07-31T13:56:19","modified_gmt":"2020-07-31T13:56:19","slug":"spy-28-july-no-rolls","status":"publish","type":"post","link":"https:\/\/tradejolt.com\/wordpress\/spy-28-july-no-rolls\/","title":{"rendered":"SPY &#8211; 28 July &#8211; No Rolls."},"content":{"rendered":"<p>For most of the day, the SPY has remained very close to our \"fulcrum\" point, centered on $323. <\/p>\n<p><a href=\"http:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/SPY_THUMB_28JUL.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/SPY_THUMB_28JUL.png\" alt=\"\" width=\"445\" height=\"340\" class=\"alignnone size-full wp-image-1584\" srcset=\"https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/SPY_THUMB_28JUL.png 445w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/SPY_THUMB_28JUL-300x229.png 300w\" sizes=\"auto, (max-width: 445px) 100vw, 445px\" \/><\/a><\/p>\n<p>In the last 15 minutes of the day, SPY took a drop towards $391, so we may recenter this tomorrow morning. Ideally we would have done so today, and booked a $600 to $700 profit on the 16 contracts, and been well positioned for tomorrow. However, I was involved with another trade when this dip occurred, and you don't want to do these rolls in haste.<\/p>\n<p>Such is life. These sold options are losing a lot of value due to time erosion - which we want - so we should be able to make the adjustment tomorrow while still banking a profit.<\/p>\n<p><a href=\"http:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/spy_27jul_status.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/spy_27jul_status-1024x61.png\" alt=\"\" width=\"1024\" height=\"61\" class=\"alignnone size-large wp-image-1585\" srcset=\"https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/spy_27jul_status-1024x61.png 1024w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/spy_27jul_status-600x36.png 600w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/spy_27jul_status-300x18.png 300w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/spy_27jul_status-768x46.png 768w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/spy_27jul_status.png 1494w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For most of the day, the SPY has remained very close to our &#8220;fulcrum&#8221; point, centered on $323. In the last 15 minutes of the day, SPY took a drop towards $391, so we may recenter this tomorrow morning. Ideally we would have done so today, and booked a $600 to $700 profit on the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1583","post","type-post","status-publish","format-standard","hentry","category-trades"],"_links":{"self":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts\/1583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/comments?post=1583"}],"version-history":[{"count":4,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts\/1583\/revisions"}],"predecessor-version":[{"id":1603,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts\/1583\/revisions\/1603"}],"wp:attachment":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/media?parent=1583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/categories?post=1583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/tags?post=1583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}