NaughtyPines

OPENING: EFA JUNE/SEPT 66/71/71/76 DOUBLE DIAGONAL

NaughtyPines 업데이트됨   
AMEX:EFA   iShares MSCI EAFE ETF
... for an .83/contract credit.

Notes: I seem to be on a double diagonal kick of late ... . Will look to take profit at 20% of the width of the wings/roll the short straddle aspect at 25% max or at 21-25 DTE.
액티브 트레이드:
Taking a little profit here and collecting some additional credit by rolling the June 15th 71 short straddle aspect to June 22nd for a .71/contract credit. Scratch at 1.54.
액티브 트레이드:
Although it seems a little counterintuitive: rolling the 76 long call down a strike to the 75 (intraexpiry) for a .04 db. This decreases call side risk, since the call side spread is now narrowed to a 4-wide versus the put side's 5-wide. The reason why I'm doing this here is because I'm anticipating rolling down the 71 short straddle to the 70, at which time I'll "even up" the spread width on both sides, freeing up a smidge of buying power, since then both sides will be 4-wides (the BPE of the setup is that attributable to the widest side, which is currently 5; a roll down to 70 will make both sides 4-wides).
코멘트:
Scratch at 1.49.
매매 수동청산:
Covering here for a 1.17 db (.32/$32 profit/contract). Unfortunately, I rolled out to a fairly illiquid weekly that ended up being difficult to roll, so taking profit while I can.
면책사항

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