Iron Condor Pinnacle Trade Alert
March 9, 2020 (12:05PM ET)
Let's execute the following trades today:
Execute the below roll for a limit debit of $0.35 or better
BTC SPX '20Mar23 3210 Put
STC SPX '20Mar23 3200 Put
STO SPX '20Mar27 3180 Put
BTO SPX '20Mar27 3170 Put
BTO = Buy To Open; STO = Sell To Open; BTC = Buy to Close; STC = Sell to Close
If you are an autotrade client, no action is required. We plan to execute the above trades today. It's going to take many weeks for this market to stabilize and for volatility to come down. Our goal is to keep pushing these trades down and out, as we wait for the market to calm down.
Regards,
The Upside Options Team
|
