NaughtyPines

TRADE IDEA: SPY JUNE 17TH 191/194 SHORT PUT VERTICAL

NaughtyPines Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Looking to add some long delta to my SPY core position here on this weakness. As always, small tweaks where the opportunity presents itself ... .

Metrics:

Probability of Profit: 83%
Max Profit: $39/contract
Max Loss/Buying Power Effect: $261/contract
Delta: +4.45/contract
Comment:
Filled for $38/contract ... .
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