Alert: Adjustment – SPX Dragonfly

Ticker: SPX
Price: $4567
Date: 7/19/23 1:00 AM

Underlying: S&P 500 Index Fund

Est. Net Debit/Credit: $1900

Master Portfolio Contracts: 10

NOTE:   We’re adding an adjustment to the SPX dragonfly. 

Trade Detail:

TRADE ACTION: Open SPX Calendar for a debit of around 1.80 – 1.90
BTO (+10) the SPX 31 JUL 4585 put
STO (-10) the SPX 28 JUL 4585 put

TRADE POSITION AFTER DETAIL:

(+10) the SPX 28 JUL 4510 put
(-20) the SPX 28 JUL 4470 put
(+10) the SPX 28 JUL 4410 put

(+10) the SPX 31 JUL 4585 put
(-10) the SPX 28 JUL 4585 put