Ticker: SPX
Price: $4198
Date: 5/26/23 12:15 PM

Underlying: S&P 500 Index Fund

Est. Net Debit/Credit: $1890 credit

Master Portfolio Contracts: 6 (and 12)

NOTE:  Open SPX dragonfly. 

Trade Detail:

BTO +6x SPX 9 JUN 4150 put
STO -12x SPX 9 JUN 4120 put
BTO +6x SPX 9 JUN 4050 put

Price: 2.85 – 3.40 (Prices are wide!  Start with higher credit and work your way lower) 

Margin Required: $24,010