Another alternative that doesn't require a large account
is to sell bull put speads(rather than naked puts) on the SPX.
I sold 10 2525/2520 verticals on 4/2 (expire 4/6)
for $1.15 credit, below what seemed to be a resonable support
area. My risk on the trade is $3850 to make $1150. I dont
have the capital to make a play like Matt made.
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Matt - did you mean
bear call spread
Posted by toothdoc on 30th of Apr 2018 at 01:11 pm
Matt - did you mean 2735/2740 BC spread?
Another alternative that doesn't require
Selling Premium example
Posted by toothdoc on 3rd of Apr 2018 at 11:38 am
Another alternative that doesn't require a large account is to sell bull put speads(rather than naked puts) on the SPX. I sold 10 2525/2520 verticals on 4/2 (expire 4/6) for $1.15 credit, below what seemed to be a resonable support area. My risk on the trade is $3850 to make $1150. I dont have the capital to make a play like Matt made.