OPENING: SPY SEPT 18TH 273 SHORT PUT

... for a 5.23 credit.

Notes: A delta under hedge. Scratch at 74.67; delta -14.88/theta 20.00; total extrinsic 42.14.
Beyond Technical AnalysisoptionsstrategiespremiumsellingshortputSPDR S&P 500 ETF (SPY) underhedging

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