Rolled my Nov 2140 covered put out and down to Dec 2120 to make a little more room to the downside. Paid a half point debit for the roll. Not much liquidity this time of night.
Turning into a pretty good hedge with a cost basis of 2190. Toughest thing at this point is deciding when to cover it. Would love to cover the short and then double dip cashing in on the short put when we head back up. 200 ma at 2076 might be a good low risk place to give it a shot. Cover there and re-sell if it doesn’t hold…
Options Bistro 