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Home › Forums › Open Trades › Income Calendar in UNH
Earnings breakout gone parabolic. Had its second day already so we’re good to deploy capital in this income trade.
Full Time Profits Order Ticket | ||||
Type | Asset | Duration | Strike | C/P |
---|---|---|---|---|
BTO | UNH | 20 Jan 17 | 145 | Put |
STO | UNH | 16 Dec 16 | 145 | Put |
Total Debit: | 1.3 |
140 has been tagged so it’s time to put on another round of calendars.
Full Time Profits Order Ticket | ||||
Type | Asset | Duration | Strike | C/P |
---|---|---|---|---|
BTO | UNH | 20 Jan 17 | 140 | Put |
STO | UNH | 16 Dec 16 | 140 | Put |
Total Debit: | 1.50 |
I was not in the original position @ 145 strike. Can i initiate new position at 140.
Thanks.
Suresh
Ok so here is what we’re looking at:
Dec 145 Put 4.70 x 5.05 — Mid: 4.87
Jan 145 Put 6.50 x 6.95 — Mid: 6.72
Price: 1.85
Dec 140 Put 2.66 x 2.90 — Mid: 2.78
Jan 140 Put 4.45 x 4.80 — Mid: 4.63
Price: 1.85
So with an initial buy of 1.50 and 1.30
And both sets of options running 1.85
We’re looking at a gain of about 30%.
Time to ring the register:
IWO Premium Order Ticket | |||||
Type | Asset | Duration | Strike | C/P | |
---|---|---|---|---|---|
STC | UNH | 20 Jan 17 | 140 | Put | |
BTC | UNH | 16 Dec 16 | 140 | Put | |
Total Credit: | 1.85 |
IWO Premium Order Ticket | ||||
Type | Asset | Duration | Strike | C/P |
---|---|---|---|---|
STC | UNH | 20 Jan 17 | 140 | Put |
BTC | UNH | 16 Dec 16 | 140 | Put |
Total Credit: | 1.85 |
There’s nothing wrong with walking the spreads down to about 1.80