Home › Forums › Income Lab › SPX JUN1 Iron Condor (387) › Reply To: SPX JUN1 Iron Condor (387)
May 4, 2016 at 1:49 pm
#5662
IncomeLab (Old)
Participant
Andras,
If you want to follow, sure. I think as we get closer to expiration, this roll will start to ‘cost $’ instead of doing it for a small credit because OTM options will get hit with decay and you will have to roll closer to ATM to do it ‘free’. This roll didnt impact NET GREEKS too much, but gave us a little more room to the downside without having to put up more $.