The $27K Illusion — Buffer Trade (-1 +1 -1) vs. Pure Premium Short Put
Two trades. Same expiration. Both quote a credit near $27K. They look like cousins on the order ticket. They are not.
GYP Members,
Two trades. Same expiration. Both quote a credit near $27K. They look like cousins on the order ticket. They are not.
One pays you for time and probability. The other pays you partly for t…



