EOG conversion to put #fuzzy…

EOG conversion to put #fuzzy

BTO the 2020 EOG 115 put at 13.00 creating the 115 calendar with short expiring 35 days.
cb now 11.2 since the initial sale brought in 1.8. Another #pietrade #earnings gone wrong/bad and managing before it get too far ITM. Will manage this from put side.

Other reason was to reduce margin requirements so I can stay in some other trades that are finally working out.

With 69 weeks left only need to cover 0.17 per week for zero cost basis.