... for a 391.65 debit.
Comments: As with my IWM covered calls, re-erecting long delta that I took off yesterday to offset the short delta of my SPY short delta hedges, targeting the short call strike paying around 1% of the strike price in credit. The February 17th 407 is paying 4.21 at the mid at the moment. Similarly, probably not the greatest spot to be doing this, but just trying to keep my port "net delta happy."
I'll only be doing this in IWM and SPY, since I still have some covered call on in the Q's, a March 31st 296, and a June 16th 310 and don't need the long delta there at the moment.