AMEX:SPY   SPDR S&P500 ETF TRUST S&P 500 ETF USD DIS
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Added one more trade to increase theta. I now have on a synthetic strangle on SPY .

Trade Setup:
- 1 SPY Mar 17 230/232/232/233 Put Butterfly @ 0.17

DTE: 28
Max Win: $117
Max Loss: $83
Breakeven: $230.83

Trade Management: Just looking to capture some non movement or movement to one side here now, when paired with the other BWB . Fits Risk parameters and I'll look for 50% out of this trade in the upcoming weeks.

Green is profit zone, vertical bar is expiration.
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