Opening (Small Account): /ES August 31st 4070/4090 SPV
... for a $102.50 credit.
Notes: Truth be told, I don't putz around with futures options all that much, but it's nice to have tools in the tool box that you can deploy when New York is closed. Here, doing the same thing I would do in SPY or SPX, looking to emulate dollar cost averaging into the broad market with more room to be wrong. Will generally look to take profit at 50% max; loss at 2 x credit received.
Notes: Truth be told, I don't putz around with futures options all that much, but it's nice to have tools in the tool box that you can deploy when New York is closed. Here, doing the same thing I would do in SPY or SPX, looking to emulate dollar cost averaging into the broad market with more room to be wrong. Will generally look to take profit at 50% max; loss at 2 x credit received.