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BookingAlpha Option Trading Advisory

Friday, March 23, 2018

May SPX Bull Put spread

SOLD 20 May SPX 2250/2240 Credit Put spread @0.60 credit
Net Credit: $1,200
Days to expiration: 56

(Click on image to enlarge)

Trade Update - April 12, 2018

Close the spread at 0.15 debit.
Original credit was 0.60 so this is a 0.45 win.
75% of the max profit was achieved in 20 days (36 days left to expiration)
$900 profit

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