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SPX at 3814
I’m going to set up a new 112 Bear Trap in the 28FEB expiry with 56 days until expiration.
This is a 30pt wide put debit spread, financed by selling 2 OTM puts naked for every 1 debit spread.
Risk Profile:
Order Ticket:
I plan on managing this trade IF/WHEN SPX trades around 3600 and my stop is 50.00 debit for this trade
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