Let's follow this strategy for April :
- Buy 3 x SPY 117 Put
- Sell 2 x SPY 118 Put
It costs virtually nothing.
Protected from 118 and above, loses between 115-118, and start gaining below 115.
http://optiontimeline.com/Stg/En/Stg.html?stgID=2902
Good luck!
- Buy 3 x SPY 117 Put
- Sell 2 x SPY 118 Put
It costs virtually nothing.
Protected from 118 and above, loses between 115-118, and start gaining below 115.
http://optiontimeline.com/Stg/En/Stg.html?stgID=2902
Good luck!