Home › Forums › Member Trades › BBTrader’s Spread Sales › WYNN June 115/110 BPS › Reply To: WYNN June 115/110 BPS
April 29, 2015 at 9:33 am
#2654
BBTrader
Participant
Added 2 contracts of WYNN June 115/110 BPS for $2 credit and as it kept moving lower I rolled it to September for a $.05 debit. Current position is 4 contracts of WYNN Sept 115/110 BPS. Big earnings miss and dividend cut. Theta decay should hopefully be slowed by going to Sept. Current position looks like: