Ticker: SPX
Price: $4120.00
Date: 5/5/23 11:50 AM

Underlying: S&P 500 Index Fund

Est. Net Debit/Credit: $840 credit

Master Portfolio Contracts: 7 (and 14)

NOTE:  Open SPX dragonfly.  

Trade Detail:

BTO +7x SPX 19 MAY 4025 put
STO -14x SPX 19 MAY 3990 put
BTO +7x SPX 19 MAY 3925 put

Price 0.90 – 1.20 (Prices are wide!  Start with higher credit and work your way lower) 

Margin Required: $21,000