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Home › Forums › Member Trades › BBTrader’s Spread Sales › BLK Jan 330/320 BPS
Entered starting position in BLK: Jan 330/320 bull put spreads for $2.25 credit. Next add at $2.75
Greedy Pig roll… roll the 330/320 BPS to a 340/330 via a butterfly for .95 credit new trade looks like this:
Greedy Pig: Rolled up the Jan 340/330 BPS to the Jan 360/350 for $2.27 Credit have order to enter the bear call side Jan 370/380 for $3.25 credit the rolled Put side now looks like :
Added Jan 370/380 Bear call spread for $3.25 Credit. Now in an IC…
Rolled the call side down via a 360/370/380 Call fly for $2.60 credit. This trade is all on “house money” now. Max “loss” on this trade is now +13% Gain