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Benji
Feb 21, 2018 4:55 PM

SPY premium sale Long

AMEX:SPY1D
SPDR S&P 500 ETF TRUSTArca

Description

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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

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Stop loss hit for price, closed at $6.68 db.
Beyond Technical AnalysisSPDR S&P 500 ETF (SPY) optionsputspread
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