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The SPY May 207.50 puts expired worthless, so we kept the initial premium that we received.

Let’ s sell another put against our long 6/10/16  SPY 209 put position that we still hold.


Sell to open SPY June 208 puts @ 0.35 to open

These expire 6/3/2016

Make sure to sell the same number of contracts as the June 209 puts  (expire 6/10/16) you presently hold long.