Alert: Close SPX Dragonfly

Ticker: SPX
Price: $4121.19
Date: 5/9/23 12:15 pM

Underlying: S&P 500 Index Fund

Est. Net Debit/Credit: $840 credit

Master Portfolio Contracts: 7 (and 14)

NOTE:  Close the SPX dragonfly for profits!  We want to exit this trade before the CPI report tomorrow.  Let’s take the win and move on!  


Trade Detail:

STC -7x SPX 19 MAY 4025 put
BTC +14x SPX 19 MAY 3990 put
STC -7x SPX 19 MAY 3925 put

Price 0.40 – 0.80 debit (Prices are wide!  Start with lower debit and slowly work your way higher until filled)