Monday, October 22, 2012

Rolled diagonal for IYR

A couple days after rolling up the IYR Nov$67c, market started tanking. The IYR followed the market to a point where the $67c was only $0.05. So, I rolled it down to Nove$65c of Delta=0.39 for a credit of $0.50, even though the outlook of IYR has not been damaged by the market yet.

Created with ProphetCharts®

No comments:

Post a Comment