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Home › Forums › Member Trades › BBTrader’s Spread Sales › CPA Apr 100/95 BPS
Entered 2 contracts of CPA Apr 100/95 BPS at $1 credit and 2 contracts at $1.25 credit. Next add is 1 contract at $1.5 credit. Current position look like:
Added 1 contract of CPA Apr 100/95 BPS for $1.5 credit. Next add is 1 contract at $1.85 credit
Added 1 contract of CPA Apr 100/95 BPS for $1.85 credit. Next add is for $2.25 credit. Position now looks like:
Working to stay off the gamma edge so… I have added 3 contracts of Apr 100/105 Bear call spreads for $1.11 credit and created an unbalanced Iron fly. Position currently looks like this:
Ramp up this morning on CPA so closed the 3 contracts of the 100/105 Bear call spreads for $3.65 debit. Position is now in a “breakeven” mode going into opex:
Closed remaining 6 contracts of CPA Apr 100/95 BPS for $.14 debit. Did not want to go to opex with this trade. Lost 2.5% ROM on this trade.