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Strategies & Market Trends : Option Strategies

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To: Bridge Player who wrote (1712)8/5/2016 3:58:40 PM
From: Bridge Player  Read Replies (3) of 2591
 
Shortly before close, rolled out the short 8/5 10 puts to the 8/12 10 puts for an additional .13 premium. Also sold 8/12 10 calls for .14. Added .27 to net premium sold.

Update VXX trades:

Cost Lot 1: 11.64
Cost Lot 2: 11.00 (Put assignment)
Avg Cost: 11.32

Premium written:
7/22 12 calls: .29
7/29 11.5 calls: .25
7/29 11 puts: .24
8/5 10.5 calls: .21
8/5 10 puts: .20: Bot back at .50
8/12 10 puts: .63
8/12 10 calls: .14
Total premium written: 1.46

Net cost: 11.32 - 1.46 = 9.86.

Price at time of post: 9.52

Net loss near close: .34

All trades exclude small commissions at Interactive Brokers.
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