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Note the following spreads: I: Iron Condor Option /Type Strike BTO STO Qty Price Total SPY June 3 Call 405 X -10 $5.14 $5,140 SPY
Note the following spreads:
I: Iron Condor
Option /Type | Strike | BTO | STO | Qty | Price | Total |
SPY June 3 Call | 405 |
| X | -10 | $5.14 | $5,140 |
SPY June 3 Call | 410 | X |
| 10 | $4.85 | -$4,850 |
SPY June 3 Put | 380 |
| X | -10 | $7.48 | $7,480 |
SPY June 3 Put | 375 | X |
| 10 | $6.08 | -$6,080 |
II. Bull Call Spread
Option/Type | Strike | BTO | STO | Qty | Price | Total |
SPY June 3 Call | 390 | X |
| 10 | $11.90 | -$11,900 |
SPY June 3 Call | 395 |
| X | -10 | $9.28 | $9,280 |
III. Bull Calendar Spread
Option/Type | Strike | BTO | STO | Qty | Price | Total |
SPY June 3 Call | 390 |
| X | -10 | $11.87 | $11,900 |
SPY June 17 Call | 390 | X |
| 10 | $14.42 | -$14,420 |
Which one has the highest return on risk?
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