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March 18, 2016 at 11:47 am
#5057
IncomeLab (Old)
Participant
I’m going to roll up Bear Call spreads 30 points and close APR5 2100 call (hedge):
1. SELL -1 SPX 100 (Weeklys) APR5 16 2100 CALL @10.50 LMT
2. BUY +10 CONDOR SPX 100 APR 16 2080/2090/2110/2120 CALL @2.05 LMT
New P/L graph: