Opening: /ES July 29th 2850 Short Put
... for a 3.20 credit.
Comments: Targeting the strike that is <75% of where /ES is current trading and that routes for around 3.00 in credit. Max profit of 1.60 ($160.00) on buying power effect of 16.37 ($1637), 9.8% ROC.
A basic bet that /ES doesn't go that low in the next 52 days.
Comments: Targeting the strike that is <75% of where /ES is current trading and that routes for around 3.00 in credit. Max profit of 1.60 ($160.00) on buying power effect of 16.37 ($1637), 9.8% ROC.
A basic bet that /ES doesn't go that low in the next 52 days.
