Opening (IRA): SPX June 17th 3770/3870/3920 BWB*
... for a 5.40 credit.
Comments: A 100 x 50 broken wing butterfly, selling the 20 delta's and buying the wings out from there. Will generally look to take this off at 50% max.
* -- Broken wing butterfly.
Comments: A 100 x 50 broken wing butterfly, selling the 20 delta's and buying the wings out from there. Will generally look to take this off at 50% max.
* -- Broken wing butterfly.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.