Ticker: TLT
Position:
- Sell to Open (STO) $155 Strike Call Option (6th March Expiry)
- Buy to Open (BTO) $156 Strike Call Option (6th March Expiry)
- This will result in a net credit to your account, i.e. you will be paid for this trade
- Remember to (STO) the HIGHER delta option, otherwise this will result in a debit and the trade will then be structured...