$SPY – WORKHORSE BUTTERFLY

 BOT SEPTEMBER $SPY – WORKHORSE BUTTERFLY

BOT SEP13 – 168/169/175 CALL BUTTERFLY @ 2.20 X 5 CONTRACTS

ALSO BOT : SEP13 – 173 CALL @ .80 X 1 

ALSO BOT : SEP13 – 176 CALL @ .27 X 2 

TOTAL COST : $ 1234

BREAKEVENS : 165 – 173  

SPY-ANALYSIS

 

 

 

 

 

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