I meant around .18 delta — that’s usually 2SD out; if inside 2SD even better — like I said 90+ days out and $10+ in strikes.. maximum amount of $10 spread is $1000 per contract (e.g., $20 = 2000)
Set and forget it for a while. I made a killing when the market crashed with hundreds of SPY put spreads @ .05. — I think VIX was really low it’ll be pretty hard to get low IV just snake them chains
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