Conservative option strategies, what did you buy or sell today?

[fenders53]

Yeah, we understand what 20 SPY contracts that close to the money cost. It's a totally directional bet. I also do some things that don't make sense unless you consider my entire portfolio. But this, in combination with your ""I buy and hold most everything forever" strategy don't mesh together so well. It seems impulsive unless used in small doses as a true hedge. This looks much more like a directional market timing bet unless you hedge this hedge. Disclaimer, if your port is worth 10 milly then ignore me lol.