With my current #RocketManHedge looking like it has a good chance of turning a decent profit ( in spite of moving against me from almost the first day) I’m adding another out about 90 days.

#SyntheticShort out through April expiration…

Synthetic short stock with a protective call. 49.00 debit with max loss of 59.00:

Sold SPX APR 20 2018 2800.0 Call @ 57.55
Bought SPX APR 20 2018 2800.0 Put @ 54.90
Bought SPX APR 20 2018 2810.0 Call @ 51.65

With 13 weeks for the trade to run need to collect 4.55 per week to cover the max loss so:

Sold SPX JAN 24 2018 2785.0 Put @ 8.00