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March 18, 2016 at 9:49 am
#5050
IncomeLab (Old)
Participant
Mid price for this IC is showing 2.20 right now and to enter this trade right now is not a good idea because most of the credit has shifted on the call side.
I wouldn’t enter this trade with the original strikes at this time. If I was looking to enter an IC in MAY2 cycle I’d look to sell 2140/2150 Bear Calls and 1870/1860 Bull Puts.