{"id":9727,"date":"2016-04-04T10:59:20","date_gmt":"2016-04-04T14:59:20","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?post_type=topic&#038;p=5260"},"modified":"2017-11-21T14:56:11","modified_gmt":"2017-11-21T18:56:11","slug":"income-calendar-in-spx-4","status":"publish","type":"post","link":"https:\/\/trades.iwopremium.com\/income-calendar-in-spx-4\/","title":{"rendered":"CLOSED &#8211; Income Calendar in SPX"},"content":{"rendered":"<p>The VIX is really low so the best income trade right now is a calendar.<\/p>\n<p>Buy to Open SPX May\/Jun 2070 Put Calendar @15.00<\/p>\n<p>If\/when SPX moves 40 points in either direction we&#8217;ll add another round of calendars.<\/p>\n<p>If SPX continues to squeeze after that, then we will roll the losing calendar to new strikes.<\/p>\n<p><a href=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2016\/04\/spx-calendar.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2016\/04\/spx-calendar.png\" alt=\"spx-calendar\" width=\"844\" height=\"412\" class=\"aligncenter size-full wp-image-5261\" srcset=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2016\/04\/spx-calendar.png 844w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2016\/04\/spx-calendar-300x146.png 300w\" sizes=\"(max-width: 844px) 100vw, 844px\" \/><\/a><\/p>\n<hr \/>\n<h2>Update &#8211; April 27th, 2016<\/h2>\n<p>I&#8217;m putting limit orders out at 18.00 just in case the vol structure changes quickly after the Fed minutes.<\/p>\n<hr \/>\n<h2>Update &#8211; May 3rd, 2016<\/h2>\n<p>Ok I&#8217;m getting out of this trade here, it has decent profits but all it takes is 30 handles either way to lose it&#8230; and we&#8217;ve only got 2 weeks to opex so it would be difficult to recoup those gains.<\/p>\n<p><img alt='' class='alignnone size-full wp-image-9974 ' src='https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/11\/img_5a1476bf0e241.png' \/><\/p>\n<p>Here&#8217;s the trade:<\/p>\n<p>Sell to Close SPX Jun 2070 Put<br \/>\nBuy to Close SPX May 2070 Put<\/p>\n<p>Credit: 17.20<\/p>\n<p>15% RoR<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The VIX is really low so the best income trade right now is a calendar. Buy to Open SPX May\/Jun 2070 Put Calendar @15.00 If\/when SPX moves 40 points in either direction we&#8217;ll add another round of calendars. If SPX continues to squeeze after that, then we will roll the losing calendar to new strikes. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":5,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":3,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[29,27],"tags":[],"_links":{"self":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/9727"}],"collection":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/comments?post=9727"}],"version-history":[{"count":1,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/9727\/revisions"}],"predecessor-version":[{"id":9975,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/9727\/revisions\/9975"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=9727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/categories?post=9727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/tags?post=9727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}