NaughtyPines

Opening (Margin): SPX August 18th/September 15th 4500 Put Cal

NaughtyPines Updated   
SP:SPX   S&P 500 Index
... for a 19.70 debit.

Comments: Low IVR/IV + strength. Buying the back month 40 delta and selling the front month same strike.

Will look to take profit at about 10% of what I put it on for.
Trade closed manually:
Closed for 20.90. 1.20 ($120) profit. Money, taking, running ... . 6.1% ROC for four days' "work."
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