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March 17, 2016 at 10:03 am
#5035
IncomeLab (Old)
Participant
I’m going to sell to open a new Bull Put spread. This will reduce NET short delta and increase theta:
SELL -10 VERTICAL SPX 100 APR 16 1900/1890 PUT @.70
*Mid price is showing .70c credit, I will try for higher credit working it down to .70c