Opening (IRA): SPX July 30th 3915/3965 Short Put Vertical

... for a 4.00 credit.

Comments: Doing two spreads this week, one in the July 23rd, one in the July 30th expiry. Selling the 16 delta strike and buying the put 50 strikes out from there to emulate dollar cost averaging into the broad market. 8.7% ROC at max; 64.8% annualized. 4.4% ROC at 50% max; 32.4% annualized to 50% max.
Beyond Technical AnalysisoptionsstrategiespremiumsellingshortputverticalSPX (S&P 500 Index)

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