SPX Stock Index Trading Positions Update For July

On June 23 we suggested a full position in a July 980/990 SPX Call Spread for a net credit of $0.50 and a half position in a July 770/760 SPX Put Spread for a net credit of $0.40. If you entered this, the premium you received was $70 per $1,000 of capital utilized, i.e. 7.0% before commissions for 4 weeks in the position.
The official CBOE settlement price for the July SPX options was 940.03.

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