Option Investor
Updates

NEW CPTI JULY POSITION

HAVING TROUBLE PRINTING?
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Sell 15 July SPX 1125 puts
Buy 15 July SPX 1110 puts
Credit of about $.60 ($900)

I know this is a 15 point spread, but there is a cushion of about 70 points. I feel this is safe enough to justify the larger spread.

Remember, adjust the number of contracts to the size of your trading account.

Take care and trade smart.

Mike

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