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Friday, December 12, 2014

SPX Jan 1825/1820 and Dec 1915/1910 Credit Put spreads

This was my activity today:

Sell 4 SPX Jan 1825 Put @7.50
Buy 4 SPX Jan 1820 Put @7.20
Credit: 0.30  ($120 total)
Max risk: 4.70
Days to expiration: 35

Sell 4 SPX Dec 1915 Put @4.55
Buy 4 SPX Dex 1910 Put @4.25
Credit: 0.30  ($120 total)
Max risk: 4.70
Days to expiration: 6

A chart of SPX after market close for future reference:
(Click on image to enlarge)

Check out 2014 Track Record

Related Articles:
Weekend Portfolio Analysis (December 20, 2014)
Weekend Portfolio Analysis (January 3, 2015)
1820/1825 Credit Put spread expires for max profit (January 17, 2015)


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4 comments:

  1. For Jan, I think you mean 1825/1820. I like both of your trades today.

    ReplyDelete
    Replies
    1. Thanks Jonathan. I corrected the trade.
      Cheers,
      LT

      Delete
  2. "Sell 4 SPX Jan 2025 Put @7.50
    Buy 4 SPX Jan 2020 Put @7.20"

    This post is dated Dec/12. With SPX at 2000, I have no idea how you got that number on SPX option... This has to be some kind of a mistake...

    ReplyDelete
    Replies
    1. I made a mistake. Didnt pay close attention. I meant 1825/1820 and not 2025/2020.
      Regards,
      LT

      Delete