Live Trade: SPX 11 Day Butterfly
SPX 2770.59 at 12:15 central. Jun 29 Expiration. 11 Day Unbalanced Butterfly
B 1 2740 C, S 2 2770 C, B 1 2795 C 9.65 Debit. Margin/Risk $965
Beginning Greeks: Price 2770 Deltas -1.38 Theta 19 Vega -58
Profit target and Max Loss: 8 % Profit and 10% Max Loss of Margin/Risk of $965.
Will keep it simple and use no adjustments.
Mid Price now is 9.65 and not filled yet but still keeping my bid at 9.65 Debit.
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