Become a Great Options Trader
Igor,
When you put out the notice to close the 7 Apr trade, I was able to get .50 for the 2450 Call (hedge), but SPX rallied before I could get .30 – .40 on the 2395/2405 Bear Call spread. The mark has been over .70 all day yesterday and now is at .90. Should I wait for SPX to drop or close the spread at a loss?
Bob
Igor,
Your closing trade for the vertical Call spread for 3.80 is currently at a Mark of 4.50 which was about the same price when I received your email. Should I wait for it to return to 3.80 with a limit order or should I close it for 4.50?
Bob
Steve,
Your adjustment price is already way out of reach by the time I received the email for the trade. Should I wait for price to return to 4.75 with a limit order or should I purchase the trade at the current price?
Bob