NaughtyPines

Opening (IRA): SPX September 10th 4040/4090 Short Put Vertical

TVC:SPX   S&P 500
... for a 4.10 credit.

Comments: Selling the 16, buying the 13 in the expiry nearest 45 days to emulate dollar cost averaging into the S&P. Generally, will look to take profit at 50% max.
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