Opening: /ES July 15th 2960 Short Put

... for a 3.00 credit.

Comments: Targeting the strike that is 75% or less than the current price of /ES that routes for around 3.00 in the contract of shortest duration. 3.00 (1.50 max) on 16.71 buying power effect; 9.0% ROC at max; 4.5% at 50% max as a function of buying power effect.