Open Trade
SPYLong Option
Chopper_Trader

Entry comments: Opened this Debit Put Butterfly thinking that the market would go down by next Friday. I bought 1 01/13/23 $363 put. I sold 2 01/13/23 $370 puts. and bought 1 01/13/23 $377 put. So I am risking $90 to make a potential $610 profit. The Ideal situation would be if the spy closes at $370 on 01/13/2023.

000

DatePrice
Entry1/6/20230.90
  • Total Views79
  • Position Size1
  • Option TypePUT
  • Strike3.77370363E8
  • Expiration1/13/2023
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