Options Strategy Monthly Analysis 19th march 2018

A lot of volatility happened after last site entry. $VIX hiked levels not seen in years.

We start opening positions once market started moving down, however we have to adjust Mar 2630/2640 PS with a -3.529% lost.

Currently we have April 2350/2360 PS looking very safe, the idea is to close position at -0.05 and open a new April PS to cash some more premium

Momentum wise market seems a bit overbought, not the best timing to open May PUT SPREADS.