Took an idea from Dough/TastyTrade for this.
STO Aug 19 185/195/200 put butterfly for 1.60 credit.
Max possible loss 3.40 if closes below 188.40. Max possible profit 6.60.
Roughly risking 1 to make 2.
Took an idea from Dough/TastyTrade for this.
STO Aug 19 185/195/200 put butterfly for 1.60 credit.
Max possible loss 3.40 if closes below 188.40. Max possible profit 6.60.
Roughly risking 1 to make 2.