Consistent income with long term option trades.

Sell the SPY (SPDR S&P 500) January 3, 2025 $600 Calls.

Alert price = $5.33

We entered these during the market’s overreaction to Powell’s hawkish interest rate stance last week. It took a bit of time, but as expected, the S&P is back up. Let’s take the 33% gain since we are running out of time with expiration on these.