Option Investor


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Hello Again,

I was looking at the March SPX option chain. With the SPX at about 1424, let's do the following:

Sell 12 SPX March 1335 puts - SXYOG
Buy 12 SPX March 1320 puts - SXYOD
Credit of about $.65 ($780)

Net credit of $.65 ($780). We have almost a 90 point cushion. Maintenance is $18,000. Double check the option symbols before placing your order.

Good luck and trade smart!


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