Jeff 6:33 am on Thursday, June 30, 2016
Tags: SPXcampaign ( 2,265 )

SPX expiration

#SPXcampaign Expired last night: $SPX July 29th 1950/1925 put spreads. Sold for 1.34 (avg price) last Friday.

Bobbie 7:45 am on Thursday, June 30, 2016

Jeff – The SPX is approaching 2080. Have you already rolled? I will need help on that trade. Thanks!
- Jeff 10:12 am on Thursday, June 30, 2016
  
  No, not rolled yet. I will be adding 50% to my position size so I can find a farther up spread for July 22nd or so.
- Jeff 10:16 am on Thursday, June 30, 2016
  
  Bobbie, how many contracts in your spread? What would you prefer to do?
  - Bobbie 10:18 am on Thursday, June 30, 2016
    
    I only have 1. I will wait for you to roll because it will be good lesson for me. Thanks!
    - Jeff 10:25 am on Thursday, June 30, 2016
      
      You will need to roll into 2 contracts. Spreads is going f0r 9.75. Find which call spread you can sell with July 22nd expiry that is going for half that amount, and tell me what you find.
      - john4419 10:40 am on Thursday, June 30, 2016
        
        Jeff was original spread for July 15th? 2125/2100
        
        Jeff 10:42 am on Thursday, June 30, 2016
        
        Yes
        
        Bobbie 11:37 am on Thursday, June 30, 2016
        
        Jeff right now it loos like the 2135/2160 is going for 4.55cr
        
        Bobbie 11:39 am on Thursday, June 30, 2016
        
        Closing price right now if 10.35db
        
        Jeff 11:48 am on Thursday, June 30, 2016
        
        I think I will roll into a condor. I have to get aggressive now on the put side, which is not ideal with the SPX so high, but I am too pressured on the call side now.

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