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July 21, 2017 at 11:46 am
#8279
IncomeLab (Old)
Participant
We’re going to roll 1450 put down to 1440. This will do several things:
1. Remove almost all of upside risk.
2. Add a little more risk on the downside.
3. Re-balance NET delta from -10 to -2 (keeping theta almost the same)
IncomeLab Order Ticket | ||||
Type | Asset | Duration | Strike | C/P |
---|---|---|---|---|
STC | RUT | 18 AUG 17 | 1450 | Put |
BTO | RUT | 18 AUG 17 | 1440 | Put |
Total Credit: | $5.00 |
P/L graph