Skip to content
Options Income Masters
93% of My Members Collect An Extra Paycheck Every Week!
Options Income Masters
  • Main
  • OIB Training
  • Weekly Update
  • Trading
    • Menu icon-Income Masters-
    • Menu icon-Options Income Blueprint-
    • Menu icon-Income Madness Week-
  • Coaching
    • Menu iconSix Figure Portfolio Coaching Main Page
  • Training
    • Weekly Paycheck Training Program
    • Income Accelerator Coaching Main Page
    • Selling Weekly Options Workshop
    • Win 98% of Your Trades
  • About Us
  • Login
close
  • Home
  • Dashboard
  • Login

SFPC Trade Alert: SPX

I am recommending we close our S&P 500 (SPX) hedges for terrific profits — close to $3,000 per spread and nearly $10,000 for the standalone put — the one upside to this market rout.

If you want to continue hedging on your own, you can review my Coaching Session on hedging here.

Current Index Price: 2,776.28

SPX Mar Week Two (3/13) 2550 Put

Cash in Hand: $87.40

Action: Sell to close the SPX Mar Week Two (3/13) 2550 Put for around $8.40

Profit: $95.80, or $9,580 per contract

SPX Mar Week Two (3/13) 2600/2550 Put Spread

Cash in Hand: $21.75

Action:

  • Sell to close the SPX Mar Week Two (3/13) 2600 Put for around $14.30
  • Buy to close the SPX Mar Week Two (3/13) 2550 Put for around $8.40
  • Set initial credit limit at $5.90

Profit: $27.65, or $2,765 per spread

Go to Top
×