... for a 1.62 credit.
Comments: An additive delta adjustment trade, selling the -13 delta call and the +11 put. This is more of a getting to size trade than about delta balancing, but might as well kill two birds with one stone.
Entire position:
August 17th 55.5/58/59 Short Puts
August 17th 88/89.5/93 Short Calls
Total Credits Collected: 4.38
Will look to mix and match profitable short call with profitable short put to peel off units, reduce risk going forward.
Comments: An additive delta adjustment trade, selling the -13 delta call and the +11 put. This is more of a getting to size trade than about delta balancing, but might as well kill two birds with one stone.
Entire position:
August 17th 55.5/58/59 Short Puts
August 17th 88/89.5/93 Short Calls
Total Credits Collected: 4.38
Will look to mix and match profitable short call with profitable short put to peel off units, reduce risk going forward.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.