#pietrades

I was planning on letting this get called out tomorrow but since the premiums are there for the rolls I will take the cash.

TNA rolled this week 69 CC to next for 0.91 credit. Cost basis now 65.72 so I have some room to play with.

GM this week 38.5 CC rolled out 2 weeks for 0.29 credit. Cost basis 38.04. Just can’t seem to get rid of this one, want it gone to free up the capital for other uses. I think I am on week 14 roll now and still have not scratched it. At this point, I refuse to take a loss, just keep rolling down and out until it is eventually scratched. Taking this off the #pietrade list, moves around more than the option premium allows.

I will either a) have a lot expiring tomorrow or b) rolling a lot depending on how the premiums look at the open. Either way I will book profits or add cash, last few weeks have been great for padding cash into trades and now time to reap the profits.