Alert: Close SPX Dragonfly
Ticker: SPX
Price: $4468
Date: 7/12/23 12:35 PM
Underlying: S&P 500 Index Fund
Est. Net Debit/Credit: $1000 credit
Master Portfolio Contracts: 8
NOTE: Let’s close the dragonfly for profits.
Trade Detail:
TRADE ACTION: Close SPX Dragonfly for a credit of around 1.25 – 1.50
STC (-8) the SPX 21 JUL 4425 put
BTC (+16) the SPX 21 JUL 4390 put
STC (+8) the SPX 21 JUL 4325 put
TRADE POSITION AFTER DETAIL:
we are out