Live Trades from Todays SOM TV Episode
Spec Directional Trade with AMZN at $1961 -33. Bullish Butterfly looking for a slight rebound over next week. Sep 14 Expiration. Buy 1 1985 C, S 2 2000 C, B 1 2015 C, 1.20 Debit. Looking to sell this out for 1.60 Credit or higher.
Income Trade in SPX. 15 day Butterfly in the Sep 15 Weeklys. B 1 2840 C, S 2 2880 C, B 1 2915 C, 13.15 Debit. Looking to sell out the spread for 13.95 credit or higher over the next 1-3 Trading Days.
Dan Sheridan
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