NaughtyPines

Opening (Small Account): IWM August 20th 202/207 Short Put Vert

Long
AMEX:IWM   iShares Russell 2000 ETF
... for a .51 credit.

Comments: Buying the 12, selling the 17 delta strikes in the expiry nearest 45 days until expiry to emulate dollar cost averaging into the broad market such that the spread pays at least 10% of the width of the spread.
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