considering SPX May 4 -2870C/+2790C/+2650P/-2530P IC.
options profit calculator:
opcalc.com/5VbI
thin arrows represent breakeven target at wedge apex
thick arrows represent breakevent target at expiration
filled at 39.55
profit target is 50% of debit -> round up to 20 -> 59.55
options profit calculator:
opcalc.com/5VbI
thin arrows represent breakeven target at wedge apex
thick arrows represent breakevent target at expiration
filled at 39.55
profit target is 50% of debit -> round up to 20 -> 59.55