Alert: SPX Dragonfly – close

Ticker: SPX
Price: $3979.67
Date: 3/21/23 10:40 AM

Underlying: S&P 500 Index Fund

Est. Net Debit/Credit: up to $300 debit  Might be able to close for nearly $0

Master Portfolio Contracts: 5

NOTE: We are closing out of the dragonfly position. 


Trade Detail:

STC -5x  SPX 31 MAR 3800 put
BTC +10x SPX 31 MAR 3760 put
STC -5   SPX 31 MAR 3700 put

Price: 0.05 debit – 0.40 debit

Prices are wide!  Work the order.  Start closer to the mid (around 0.05) and work the order from there.