#LongCallDiagonals – Just started this trade yesterday and already needing adjusted. I’m seeing 18 and 19 price targets on it now so gotta get the short calls out of the way of the LEAP calls.

Rolled May 19th 13.5 calls out to July 21st 16’s @ .04 debit (still a net .18 credit on these)

This clears the decks for a run all the way to at least 20 before the short calls and long calls have equal deltas.

EDIT…. 24.60 is the delta neutral number…LOL If we get there the trade is over. Fuzzy will be long gone!