Benji

SPY premium sale

Long
Benji Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Long SPY, short vol via Apr20 239/269 put spread for $3.60.

POP: 64%
Max loss (BPR): $2,640
Max win: $360
Target: 50% of credit received
Stop loss: Price at $266.

short 269 put: 38 delta
long 239 put: 8 delta
Trade closed: stop reached:
Stop loss hit for price, closed at $6.68 db.
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