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Some asked me...What option strategy do you use?

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Fundamental Analysis Beyond Technical Analysis
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I was asked yesterday about the option strategies I use trading the SPY.

The answer is that I use many depending on my bias and/or the current volatility in the market.

Currently, because I am looking for a pullback and in addition, an increase in volatility I have Long Put Ratio Back Spreads on. I try to keep them neutral each day by adjusting level Deltas.
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