All I want for Christmas is a Santa Claus rally 🙂
Adjustments, just doing my best to bring in income to offset the continued chaos.
GILD 2021 67.5/69 next week for 11.92. Have 113 weeks to manage.
EXPE 125/125/126 rolled the 1 DTE 126 out to 15 DTE for 1.00. CB now 13.88 and as above 113 weeks left.
XBI 2020 80/85 15 DTE rolled down to 80 at 43 DTE for 1.91 credit CB now 14.63. 61 weeks left to manage.
LNG 63 cc tomorrow rolled out 43 DTE and down to 61 for 1.97 credit. Cb now 59.27.
Bizarrely MU is up, go figure?!
As @kathycon said below, market is defying all patterns and seasonality this year, not quite and exact quote but close. Does the VIX need to spike to 50 before the selling is done? Who knows, trade smart, preserve capital, there will be big opportunities soon enough.
If the whippy settles down later my try some directional trades before the day is over.
Good luck, stay safe!