Alert: Open SPX Dragonfly

Ticker: SPX
Price: $4129.01
Date: 4/21/23 12:20 PM

Underlying: S&P 500 Index Fund

Est. Net Debit/Credit: $1350 in credit

Master Portfolio Contracts: 

NOTE:  Open SPX dragonfly.  Due to margin requirements, we’re keeping the contracts to 5 (and 10). 

Trade Detail:

BTO +5x SPX 5 MAY 4050 put
STO -10x SPX 5 MAY 4020 put
BTO +5x SPX 5 MAY 3950 put
Price 2.70 – 3.05 credit (Prices are wide!) 

Margin Required: $20,020