#ContangoETFs Bought to close $DROP Sept 20th 175 call for 2.00. Sold for 6.70 last Wednesday. Take a cue from Ramie and closing these far OTM calls when I can to help chip away at the burden of short 115 calls that have gone ITM a few times.
#ContangoETFs Sold to Open $DRIP Sep 20th 175 calls for 6.70. This should help ease the burden of carrying short 115 calls ITM.
#ContangoETFs Sold to Open $DRIP Sept 130 call for 6.40. Highest strike.
#ContangoETFs – Oil imploding but DRIP still below yesterday’s high. That’s how it’s supposed to work!