Alert: Close – 4 Aug SPX Dragonfly

Ticker: SPX
Price: $4521
Date: 8/2/23 1:35 PM

Underlying: S&P 500 Index Fund

Est. Net Debit/Credit: $6000 credit

Master Portfolio Contracts: 10

NOTE:   Let’s take this opportunity to close the 4-AUG SPX Dragonfly and adjustments for profits of over $1000 (depending on fill prices)

Trade Detail:

TRADE ACTION: Close SPX Dragonfly for a credit of around 4.50 – 4.70
 (-10) the SPX 4 AUG 4500 put
 (+20) the SPX 
4 AUG 4460 put
 (-10) the SPX 
4 AUG 4400 put

TRADE ACTION 2: Close Adjustment calendar for a credit of around 1.25 – 1.35
(-10) the SPX 7 Aug 4590 put
(+10) the SPX 4 Aug 4590 put

TRADE POSITION AFTER DETAIL:

we are out