Opening (IRA): SPX August 13th 3940/3990 Short Put Vert

... for a 4.00 credit.

Comments: Selling the 16, buying the 13. As with my small account trade, looking to emulate dollar cost averaging into the broad market with more room to be wrong. Will look to take profit at 50% max; loss at 2 x credit received.
Beyond Technical AnalysisoptionstrategiespremiumsellingshortputverticalSPX (S&P 500 Index)

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