2. Buy FAR month AT-THE-MONEY put
Sell NEAR week AT-THE-MONEY put
and let it expire
RINSE & REPEAT STEP 2
DOW JONES INDUSTRIAL AVERAGE 25,079.15 as of 1/4/2018
3.
4. Buy March 2018 250p = $4.59
Sell Jan12, 2018 weekly 250p=$0.72
NET DEBIT = $3.87
DOW JONES INDUSTRIAL AVERAGE 25,079.15 as of 1/4/2018
5. RINSE & REPEAT STEP 2
(weekly)
DOW JONES INDUSTRIAL AVERAGE 25,079.15 as of 1/4/2018
6. If DIA falls below 250p,
ASSIGNMENT
DOW JONES INDUSTRIAL AVERAGE 25,079.15 as of 1/4/2018