I put a bear spread into place on SPY, selling April 100 calls at 8.10 and buying April 108 calls at 1.30 — net credit of 6.80. Worst case loss is 1.2 per call pair, best case profit is 6.8 per call pair.
I put a bear spread into place on SPY, selling April 100 calls at 8.10 and buying April 108 calls at 1.30 — net credit of 6.80. Worst case loss is 1.2 per call pair, best case profit is 6.8 per call pair.
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