Alert: Close SPX Dragonfly

Ticker: SPX
Price: $4468
Date: 7/12/23 12:35 PM

Underlying: S&P 500 Index Fund

Est. Net Debit/Credit: $1000 credit

Master Portfolio Contracts: 8

NOTE:   Let’s close the dragonfly for profits.

Trade Detail:

TRADE ACTION: Close SPX Dragonfly for a credit of around 1.25 – 1.50 
STC (-8) the SPX 21 JUL 4425 put
BTC (+16) the SPX 21 JUL 4390 put
STC (+8) the SPX 21 JUL 4325 put

 

TRADE POSITION AFTER DETAIL:

we are out