SPX

STO $SPX Oct-15-21 4400/4350/4250/4050 Put ratio spread @ 39.3 credit

This strategy goes out 30DTE, opens put contracts at 1 x -0.37,-2 x -0.30, -1 x -0.20, 2 x -0.10 for a net credit. Will close after 3 weeks or sooner if it hits $1 additional credit or 150% loss stop.

Still looking for a low maintenance strategy for my IRA account. This one is a little capital intense, but with low drawdown.