NaughtyPines

Opening (Margin): /ES December 16th 1800 Short Put

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
... for a 3.10 credit.

Comments: Adding a rung in the December monthly at a lower strike than what I currently have on, targeting the <75% of current price strike paying around 3.00. 1.55 max on buying power effect of 18.38; 8.4% ROC at max as a function of buying power effect; 4.2% at 50% max.
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