All open trades are very safe and should be expiring worthless on Friday May 18th. The RUT and new SPX Bull Put trades were not filled last week. The market continues to rise to record levels each week preventing these Put trades from executing at their midpoints.
I am not comfortable executing any Bear Call Spreads this month unless the market starts dropping in the next 2-3 trading days. No one knows how high this overbought market is going to rise. Bull Put spreads are the only safe trades for this trading strategy at this time. We need just a few consecutive down days for our Bull Put spreads to be filled.
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