FILLED @.30 DEBIT BREAKEVEN OUTSIDE OF COMMISSIONS=====NOT RISKING END OF DAY CRASH HERE

*****UPDATE***** 6/1

FURTHER UPDATE CHANGE ORDER TO .30 TO GET OUT BREAKEVEN MOVE ON PROTECT CAPITAL HERE

*****UPDATE***** 6/1

SET YOUR BUY TO CLOSE @.20 DEBIT ON THIS SPREAD. WHY RISK THE CHANCE. WILL STILL LEAVE US WITH .10 PROFIT OR 10$ PER LOT SPREAD.

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A conservative1275/1270 Bull Put SPX JUN1 Credit Spread trade was executed at .30 credit this morning.

The markets weakness at the open gave just the entry I was looking for since yesterday.

Leg 1 Leg 2 Price Duration
OptionSPXW Jun 01 2012 1270.00 Put
ActionBuy to Open
Contracts5
OptionSPXW Jun 01 2012 1275.00 Put
ActionSell to Open
Contracts5
.30 Credit Day Order

Quote SPX   1,317.86   -14.56 Bid 1,317.49 Ask 1,318.17 Volume 0
SPXW JUN 01 2012 1270.00 PUT
SPXW JUN 01 2012 1275.00 PUT
Bid 1.10 1.40
Ask 1.25 1.55
Last 1.20 1.50
Change 0.75 [166.67%] 1.00 [200.00%]
Volume 447 1,011
Delta -0.02 -0.03
Open Int 7,301 4,770
Desc SPXW Jun 01 2012 1270.00 Put SPXW Jun 01 2012 1275.00 Put
Net Quote
Bid (natural)
0.15credit
Mid
0.30credit
Ask
0.45credit

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