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NaughtyPines

Opening (IRA): SPX June 17th 3770/3870/3920 BWB*

S&P 500 Index (SP:SPX)  
NaughtyPines  
SP:SPX   S&P 500 Index
Beyond Technical Analysis SPX (S&P 500 Index) optionsstrategies brokenwingbutterfly
3
0
beyondta spx optionsstrategies brokenwingbutterfly
... for a 5.40 credit.

Comments: A 100 x 50 broken wing butterfly, selling the 20 delta's and buying the wings out from there. Will generally look to take this off at 50% max.

* -- Broken wing butterfly.

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NaughtyPines
Closing (IRA): SPX June 17th 3770/3870/3920 BWB*
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