Sold $SPX June 1875/1865 Credit Put spread. 0.60 credit.— The Lazy Trader (@lazytrading) May 19, 2016
It was a pretty well timed position this time. The trade was entered early in the session, as you can see by the tweet's time-stamp, and the market kept raising all afternoon.
Sell 20 SPX June 1875 Put @5.75
Buy 20 SPX June 1865 Put @5.15
Net Credit: 0.60 ($1,200)
Max Risk: 9.40 ($18,800)
Days to Expiration: 29
Here's a chart after market close for future reference and study:
(Click on image to enlarge)
The SPX 1865/1875 Credit Put spread expires for max profit. Total gain +$1,200. 29 days in the position.
Check out 2016 Track Record