Opening (IRA): IWM Feb 24th/April 21st 185/208 LPD*

מעודכן
... for a 17.30 debit.

Comments: Resetting my broad market short delta hedge against a long delta portfolio in IWM here buying the back month -90 delta and selling the front month +30 delta. Cost basis of 17.30 with a 190.70 break even on a 23 wide.

* -- Long Put Diagonal.
עסקה פעילה
Rolled the February 24th 185 to the March 10th 184 for a .90 credit. 16.40 cost basis with a 191.60 break even on a 24 wide. Actually widened here a strike to keep delta around -60. (QQQ I kept the same; SPY, I narrowed slightly).
עסקה פעילה
Rolled the March 10th 184 up slightly to the March 17th 185 for a .73 credit. 15.67 cost basis with a 192.33 break even on a 23 wide. The force is strong(er) with this one than with SPY and QQQ (which I took profit on today).
העסקה בוטלה באופן ידני
Closed this for 18.17, so I can re-erect with the back month out in April. 18.17 - 15.67 = 2.50 ($250) profit.
Beyond Technical AnalysisIWMlongputdiagonaloptionsstrategiesshortdeltahedge

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