We’re going to BUY TO CLOSE 2270/2260 Bull Put here
P/L graph
This leaves 2455/2465 Bear Call spread on with 2485 Call hedge ON. We may look to sell another round of Bull Put spreads around 15 delta for .90c credit to bring in additional credit in case we have to roll up our call spread.
| IncomeLab Order Ticket | ||||
| Type | Asset | Duration | Strike | C/P |
|---|---|---|---|---|
| BTC | SPX | 16 JUN 17 | 2270 | Put |
| STC | SPX | 16 JUN 17 | 2260 | Put |
| Total Debit: | $0.30 | |||