NaughtyPines

Opening (IRA): SPX June 25th 3930/3980 Short Put Vertical

TVC:SPX   S&P 500 Index
... for a 5.10 credit.

Notes: A 50-wide paying at least 10% of the width of the spread in the expiry nearest 45 days until expiry. Will look to take profit at 50% max; take loss at 2 x credit received.
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