Sold to Open $SPX June 30th 2310/2285 put spreads for 1.35, with SPX at 2412.
Sold to Open $SPX June 30th 2470/2495 call spreads for 1.40, with SPX at 2415.
BTC $SPX June 14th 2430/2455 call spreads for 4.85 Sold for 3.75 May 24th. Rolled to June 21st 2435/2460 for 5.35
#SPXcampaign Jeff when you trade a #RiskReversal do you still use the same number of contracts as when placing normal spreads? Is the reason for using a 20×25 spread to achieve the correct cover? Hope I have not confused you.
I tried to comment straight on to your post but it came back as needing approval?
Jeff, Noticed you still have $SPX May 1st 2390/2415 open! Is the plan to hold or close out today and roll? I was just curious as I closed yesterday for 4.70.
Jeff, Not sure how you come up with 14.96 (50% above 2/1 low). Appreciate if you can post the start and finish points on the fibonacci retaracement.
Thank you to all members, have a safe and peaceful Holiday.
Special thank you to Jeff for creating “Option Bistro” and the continued hard work you put into the site.
#SPXcampaign Jeff, reference your Friday posting, would appreciate if time allows you would post your SPX rolls. Very rough week and also very short with call spreads, trying to hang on for the inevitable pullback.
#SPXcampaign Jeff what criteria do you set for price and time when rolling a closed out position?
As yesterday was heart stopping action with the market moving so fast, I find it difficult to know what to use for a roll out and stay relatively safe!