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Reply To: SPX 16 JUN Iron Condor (514)

Home › Forums › Income Lab › SPX 16 JUN Iron Condor (514) › Reply To: SPX 16 JUN Iron Condor (514)

April 25, 2017 at 10:31 am #7899
IncomeLab (Old)
Participant

We’re going to BUY TO CLOSE 2200/2190 Bull Put here

P/L

With 52 days to expiration, we have plenty of time to sell another round of Bull Put spreads.
On the upside, 2455 Call is currently at 18 delta. We will look to make an adjustment when this call is 20 delta or higher.

IncomeLab Order Ticket
Type Asset Duration Strike C/P
BTC SPX 16 JUN 17 2200 Put
STC SPX 16 JUN 17 2190 Put
Total Debit: $0.30-$0.40

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