Alert: Open SPX Dragonfly
Ticker: SPX
Price: $4121.39
Date: 5/12/23 11:00 AM
Underlying: S&P 500 Index Fund
Est. Net Debit/Credit: $800 – $1075 credit
Master Portfolio Contracts: 5 (and 10)
NOTE: Open SPX dragonfly.
Trade Detail:
BTO +5x SPX 26 MAY 4050 put
STO -10x SPX 26 MAY 4020 put
BTO +5x SPX 26 MAY 3950 put
Price: 1.60 – 2.15 credit (Prices are wide! Start with higher credit and work your way lower)
Margin Required: $20,020