Opening (IRA): SPX November 5th 4010/4060 Short Put Vertical
142
... for a 4.30 ($430) credit.
Comments: Selling the 16, buying the long 50 strikes out from there, this time in the November 5th (49 Days) contract, where implied is at 21.6%. (I did one earlier in the day in the October 29th). 9.4% ROC at max as a function of buying power effect; 4.7% at 50% max.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.