Home › Forums › Member Trades › BBTrader’s Spread Sales › PCLN Apr 1140/1135 BPS › Reply To: PCLN Apr 1140/1135 BPS
March 16, 2015 at 12:26 pm
#2760
BBTrader
Participant
Concerned that PCLN will be running for the gap fill at around 1130 so… I decided to modify my existing Apr 1140/1135 BPS and flatten my delta by adding 2 contracts of Apr 1200/1205 Bear call spreads for $1.40 credit and embedding 2 contracts of Apr 1150/145 put debit spreads for $2.25 debit. Trade now looks like this: