Made money all the way down on the inverted roll now stepping it back up a little at a time for even…
Rolled CMG Sep 30th 415.0 call out and up to Oct 14th 422.5 call @ even.
Still inverted against a monthly 435.0 put. Inverted by 12.50 but premium received so far of 23.85. I’ll get one more chance to roll it into the same week as the put then earnings are the week after that. Plenty of time and opportunity for very profitable rolling on a low margin low risk position.