#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 Sep 15th 880.0 short call to Dec 15th 900.0 call @ .50 credit
And:
Rolled Jan 2019 750.0 long call up to Jan 2019 850.0 call @ 73.55 credit (new basis now 31.00)
This thing has to level off at some point where the rolls can catch up. In the meantime 2019 long call/Bups working nicely.