Alert: Open OIH time twister
Ticker: OIH
Price: $307.71
Date: 3/9/23 12:45 pm
Underlying: Vaneck Oil Services ETF
Master Portfolio Contracts: 10
Net Debit/Credit: $920 credit
Notes: Open a Time Twister trade, which involves a vertical credit spread and a diagonal debit spread.
Trade Detail:
Trade Action 1:
STO 10x 24-MAR 290 put
BTO 10x 24-MAR 280 put
Price: around 1.70 credit
Trade Action 2: (note this spread is trading half the contracts as trade action 1)
BTO 5x 31-MAR 310 call
STO 5x 24-MAR 310 call
Price: around 1.60 debit
Margin Required: $10,000