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February 8, 2016 at 2:15 pm
#4694
IncomeLab (Old)
Participant
Closing MAR 2050/2060 Bear Calls for 75% of max profit:
BUY +5 VERTICAL SPX 100 MAR 16 2050/2060 CALL @.30 LMT
This leave me with +10 delta with 39 days to go. I will look to sell another call spread to re-balance this position if SPX continues lower.