New SPX January Credit Spread clarification.
Thanks to one of our readers for bringing to my attention a typographical error in the trade entry details I published a short while ago. For clarification, the new trade entry is:
SELL January 14 1805 Put
BUY January 14 1795 Put
Credit received: .75
I apologize for any confusion this may have caused, and to request that any of you entering the trade recommendations to practice â€œdue diligenceâ€ by double checking strikes, and prices, before entering the trade. And, as always, please donâ€™t hesitate to email me with any questions or concerns.
A trade update will be posted this weekend.
As always, stay keen on your risk management and trade carefully.