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
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 |