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Reply To: SPX 02 DEC Iron Condor (461)

Home › Forums › Income Lab › SPX 02 DEC Iron Condor (461) › Reply To: SPX 02 DEC Iron Condor (461)

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

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