We’re going to move strikes up on the put side again. Right now 2320/2310 put spread showing .90c credit and 2525/2535 showing .80c credit. We’d like to take in 1.70 credit for this Iron Condor, but if either side of this trade goes above 1.00 credit, then we’ll have to adjust strikes again.
| IncomeLab Order Ticket | ||||
| Type | Asset | Duration | Strike | C/P |
|---|---|---|---|---|
| BTO | SPX | 4 AUG 17 | 2535 | Call |
| STO | SPX | 4 AUG 17 | 2525 | Call |
| STO | SPX | 4 AUG 17 | 2320 | Put |
| BTO | SPX | 4 AUG 17 | 2310 | Put |
| Total Credit: | $1.70 + | |||