Güncellendi

OPENING: EEM JUNE/SEPT 42.5/46.5/46.5/50.5 DOUBLE DIAGONAL

... for an .79 credit/contract.

Roll the short straddle aspect at >25% max; look to exit for 20% of the wing width ... .

İşlem aktif

Taking profit a little early (short of 25% max) and collecting an additional .23/contract credit by rolling the short straddle aspect out a week to the June 22nd expiry. Scratch at 1.02.

İşlem aktif

Rolling the June 22nd 46.5 short straddle at 20.8% max to July for a .63/contract credit. Scratch at 1.65.

İşlem aktif

Covering the July 46.5 short straddle at 10% max (for a 2.26 db) and reselling the July ATM 46 for a 2.23 credit. Scratch at 1.68. I'm looking to cover the entire setup in the July cycle, so didn't want to roll out for duration way out to August.

İşlem aktif

Rebalancing "side risk," as well as recapturing some of what I paid for the longs, to a 5-wide by rolling the Sept 42.5/50.5 long strangle to the 41/51 for a .24/contract credit. The setup's now a July/Sept 41/46/46/51 double diagonal. Scratch at 1.92.

İşlem aktif

Tempting to roll out/realize profit here on the short straddle aspect (it's at 12% max), but I figure if the answer to the question: "Where would I roll to?" is that "I would roll to the same strike," then I should probably just leave it alone ... .

İşlem aktif

Covering the July 20th 46 short straddle at 10% max (1.99/contract db) and selling the July 20th 45 short straddle for a 1.86/credit credit to recenter/delta balance. Scratch at 1.92 - 1.99 + 1.86 = 1.79 (versus current setup value of 1.21). At the moment, I'm basically working just the short straddle aspect and am leaving the long strangle aspect alone and will look at rolling the short straddle out to the Aug expiry once it's a little closer in time.

Not

Just as an aside: I've seen people do these two different ways: (a) roll out to an ATM (wherever that is at the moment) in the weeklies; or (b) use the monthlies only, cover in profit, and then resell an ATM in the same monthly as long as there's sufficient duration left to make that worthwhile (I probably wouldn't go shorter than 21 DTE; the credit received gets "too small"). The monthlies have an advantage over the weeklies: they're more liquid and so easier to get into for a fair price and out of at a fair price ... .

İşlem aktif

Rolling the Sept 41/51 long strangle aspect to the Sept 40/50 long strangle for an .08 credit to recenter wing risk, which also frees up a smidge of buying power, so the setup's now a July/Sept 40/45/45/50 double diagonal. Scratch at 1.87.

İşlem aktif

Rolling the July 20th 45 short straddle down and out to the Aug 17th 43.5 for a .46/contract credit; scratch at 2.33. I've got an order in to roll the Sept 40/50 long strange to the Sept 39/48 for "free" (i.e., credit received offsets roll costs).

İşlem aktif

Had to pay a small debit (.06/contract) to recenter my long strangle, so the setup's now an Aug/Sept 39/43.5/43.5/48 double diagonal with a scratch point of 2.27.

İşlem aktif

Since the trade has changed somewhat dramatically, I'm going to continue this in a new post ... .

NaughtyPines

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

NaughtyPines