Saturday, May 2, 2026

Using options to create an income stream to ride out the market swings as volatility spikes

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Jeff Kilburg breaks down this SPY options trade.

Investor attention remains focused on the Iranian conflict. Crude oil futures surging over 100% in recent weeks trading up to $119 has pushed the S&P 500 lower. I want to use SPY put options to create income on this pop in volatility and the associated elevated option premiums in the widely traded S&P 500 Index ETF (SPY).

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