Alert: Open SPX Dragonfly

Ticker: SPX
Price: $4439
Date: 7/7/23 1:35 PM

Underlying: S&P 500 Index Fund

Est. Net Debit/Credit: $320 (plus 24,000 in margin)

Master Portfolio Contracts: 8

NOTE:   We’re going to reopen the SPX Dragonfly.

Trade Detail:

TRADE ACTION: Open SPX Dragonfly for a 0.30 – 0.40 debit
BTO (+8) the SPX 21 JUL 4425 put
STO (-16) the SPX 21 JUL 4390 put
BTO (+8) the SPX 21 JUL 4325 put

 

TRADE POSITION AFTER DETAIL:

(+8) SPX 21 JUL 4425 put
(-16) SPX 21 JUL 4390 put
(+8) SPX 21 JUL 4325 put