Ticker: SPX
Price: $4541
Date: 7/21/23 1:00 PM

Underlying: S&P 500 Index Fund

Est. Net Debit/Credit: $2000 (plus 20,000 in margin)

Master Portfolio Contracts: 10

NOTE:   Due to slower theta decay, we have not closed the 28 JULY SPX Dragonfly trade so we’re going to have some overlap with the thought that we will close the older trade by next Tuesday or Wednesday.

Trade Detail:

TRADE ACTION: Open SPX Dragonfly for a 2.05 – 2.15
BTO (+10) the SPX 4 AUG 4500 put
STO (-20) the SPX 4 AUG 4460 put
BTO (+10) the SPX 4 AUG 4400 put

TRADE POSITION AFTER DETAIL:

 (+10) the SPX 4 AUG 4500 put
 (-20) the SPX 4 AUG 4460 put
 (+10) the SPX 4 AUG 4400 put