Thursday, May 18, 2017

Trade Adjustment - 16 JUN TXT 46/50 Strangle [Closed]

Trade Adjustment [Opening Trade]
Yesterday the stock dropped 4% with the sell-off in the market and today the Put side of the trade was tested, so I decided to roll down my 50 Calls to collect additional credit and improve my POP.

Rolled: eight 16 JUN TXT 50 Calls
  • Bought: eight 16 JUN TXT 50 Calls @$0.19
  • Sold: eight 16 JUN TXT 47 Calls @$0.66
Total Credit: $376.00
Total Commissions/Fees: $10.32
Balance: $39,887.83



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