Monday, August 21, 2017

Trade Adjustment - 21 JUL BABA 110/135 Strangle

Trade Adjustment [Opening Trade][1st Adjustment][2nd Adjustment][3rd Adjustment][4th Adjustment][5th Adjustment][6th Adjustment]
Rolled my 165 inverted Puts up to 170 for an additional $2.25 credit.  The intrinsic value of the position is now 35.

Rolled: five 15 OCT BABA 165 inverted Puts @$2.25
  • Bought five 15 OCT BABA 165 Puts @$5.72
  • Sold five 15 OCT BABA 170 Puts @$7.97
Total Credit: $1,125.00
Total Commissions/Fees: $6.52
Balance: $55,078.73


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