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SPY 20AUG LONG PUT (2137)

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This topic contains 1 reply, has 1 voice, and was last updated by  Igor 4 years, 9 months ago.

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  • #18360

    Igor
    Keymaster

    SPY at 434.69

    I’m going to pick up an ATM put in 20AUG expiration. This is a hedge and I’d be willing to lose 50% of premium before I consider taking this trade off

    Risk Profile:

    Order Ticket:

    #18365

    Igor
    Keymaster

    We have a decent push lower and our hedges are paying off. I’m going to roll down 435 put to 425 strike, collecting 4.25 credit

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