132 Call Butterflies
Opened another of these to take advantage of further price growth, and reduction in Implied Vol. I like to open these below 20% of the spread when possible and have a portfolio of them closing in formation.
Structure: 132 Call Fly
Open Date 10-Nov-26
Security ES
Expiry Date 09-Dec-26
Strikes 7575/7725/7800
Open Debit 27.3
PS Not sure why the last few posts had an additional paragraph appended?