We’re going to roll up 2290/2280 to 2370/2360.
1. BUY TO CLOSE 2290/2280 for .40c or less
| IncomeLab Order Ticket | ||||
| Type | Asset | Duration | Strike | C/P |
|---|---|---|---|---|
| BTC | SPX | 31 AUG 17 | 2290 | Put |
| STC | SPX | 31 AUG 17 | 2280 | Put |
| Total Debit: | $0.40 | |||
2. SELL TO OPEN 2370/2360 Bull Put spread
| IncomeLab Order Ticket | ||||
| Type | Asset | Duration | Strike | C/P |
|---|---|---|---|---|
| STO | SPX | 31 AUG 17 | 2370 | Put |
| BTO | SPX | 31 AUG 17 | 2360 | Put |
| Total Credit: | $0.90 | |||