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March 18, 2016 at 1:00 pm
#5058
IncomeLab (Old)
Participant
I’m going to roll up 1850/1840 Bull Put spread to 1930/1920 level for .50c credit.
SELL -10 CONDOR SPX 100 (Weeklys) APR4 16 1930/1920/1850/1840 PUT @.50 LMT
2090 Call’s delta around 27 and I will look to roll up Bear Call spreads WHEN/IF this delta reaches low 30’s, I will also take off APR5 2110 Call hedge when I adjust the BCs