Opening (IRA): SPX August 6th 3825/3875 Short Put Vertical
... for a 4.70 credit.
Notes: Selling the 16, buying the 13 on this weakness, looking to emulate dollar cost averaging in with more room to be wrong than buying shares at market. Will look to take profit at 50% max; loss at 2 x credit received.
Notes: Selling the 16, buying the 13 on this weakness, looking to emulate dollar cost averaging in with more room to be wrong than buying shares at market. Will look to take profit at 50% max; loss at 2 x credit received.
