6 Minute Read

FREE spread on NDX – risk = only commissions

August 29, 2014

By | 1 Comment

Getting filled on weeklies 6 days out

Long NDX 3600 PUT = .05

Short the NDX 3500 PUT = .05

risk = commissions

MAX Reward= $10,000 per contract

odds of max reward = very low, but will protect your bullputs and naked puts and free up margin.

if you don’t have credit spreads on NDX to protect, after you buy this free insurance,

you now can go out 3 to 4 weeks and sell some bull puts,

they will be insured for free for next 6 to 8 days from this.

The holy grail to trading options is being able to protect the high odds profit of a credit spread.

Well, here you go!

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One Reply to “FREE spread on NDX – risk = only commissions”

  1. wow ,, they got snagged up fast… had to leg in , buy the longs first when you leg in because selling short leg first would be naked.

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