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October 13, 2016 at 12:10 pm
#7123
IncomeLab (Old)
Participant
We are going to move strikes once again as SPX trades around 2125 and the VIX is 17.09
We’re going to look for 8 delta call and 13 delta put to sell
2235 Call delta 8
1950 Put delta 13
IncomeLab Order Ticket | ||||
Type | Asset | Duration | Strike | C/P |
---|---|---|---|---|
BTO | SPX | 2 DEC 16 | 2245 | Call |
STO | SPX | 2 DEC 16 | 2235 | Call |
STO | SPX | 2 DEC 16 | 1950 | Put |
BTO | SPX | 2 DEC 16 | 1940 | Put |
Total Credit: | 1.7 |