STO Nov 4 SPX 2190/2195 BeCS for $0.35
According to a friend selling one of this each week will get a 2.5% Return per week. I placed this on an account with less than $10k. Max loss is $465.
Any thoughts.
I added a BuPS on the SPX for the same expiry. 2085/2080 for $0.30 to complete the IC. No more Margin and more return.
Options Bistro 