#LongCallDiagonals – Still fighting the short call but that’s a good thing. Rolling it up and out and reducing basis on long call LEAP (again).
Rolled Oct 20th 850.0 short call to Dec 15th 865.0 call @ .21 credit
Rolled Jan 2019 750.0 long call up to Jan 2019 850.0 call @ 67.00 credit (new basis now 30.50)
This thing has to level off at some point where the rolls can catch up. In the meantime 2019 long call/Bups working nicely.