Today, with just two weeks to expiration I entered a 1815/1820 SPX Credit Put Spread:
Sell 4 SPX August 1820 Put @3.30
Buy 4 SPX August 1815 Put @3.00
Credit Received: 0.30 ($120 in 4 contracts per leg)
Max Risk: 4.70 ($1880 in 4 contracts per leg)
Days to Expiration: 14
Break Even Point: 1820.30 (5.45% below current price of 1925 for SPX)
Sell 4 SPX August 1820 Put @3.30
Buy 4 SPX August 1815 Put @3.00
Credit Received: 0.30 ($120 in 4 contracts per leg)
Max Risk: 4.70 ($1880 in 4 contracts per leg)
Days to Expiration: 14
Break Even Point: 1820.30 (5.45% below current price of 1925 for SPX)