... for a .05 debit.
Notes: Scratch at 8.45. Will look at rolling out the 21P, 31P next week and then re-upping short calls to cut net delta and reduce cost basis further. Alternatively, I can just wait and see what happens running into expiry, with the most likely outcome that I get assigned on at least the 31 and possibly on both the 21 and 31, with the obvious advantage to staying in the options being the buying power effect as compared to being in the stock.
Notes: Scratch at 8.45. Will look at rolling out the 21P, 31P next week and then re-upping short calls to cut net delta and reduce cost basis further. Alternatively, I can just wait and see what happens running into expiry, with the most likely outcome that I get assigned on at least the 31 and possibly on both the 21 and 31, with the obvious advantage to staying in the options being the buying power effect as compared to being in the stock.