Option Investor
Updates

CPTI MARCH TRADE - PART II

HAVING TROUBLE PRINTING?
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Hi Folks,

It's me again. Well, now that we're filled on the new March 1190/1175 bull put spread, let's take a shot at the bear call spread to complete our Iron Condor.

Sell 10 SPX March 1340 calls - SXYCH
Buy 10 SPX March 1355 calls - SXYCK
Credit of about $.85 ($850) - maybe more. I just got filled at $.90

There should be no additional maintenance required if you were filled on the other side and IF you have the right broker. Total maintenance: $15,000.

Good luck and trade smart.

Mike

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