Home › Forums › Income Trades › Put Fly Call Buy In IWM › Reply To: Put Fly Call Buy In IWM
April 28, 2014 at 1:34 pm
#2183
Steven Place
Keymaster
We’ve hit 20% return on capital with no adjustments, so close out here.
IF you want to try and milk the trade that’s fine, just keep a mental stop under 108 and above 112.
Also, if you want to get cute you could buy some Jun strangles to hedge off your gamma… something like the Jun 112/108 strangle, buy 1 for every 3 spreads you have on.