MS calendar loses

#Earnings #Double Calendar Sold to close remaining parts of $MS Jan18/Jan25 45 double calendar for .131. Bought for .33 on Wednesday, plus paid .03 to close short calls yesterday.

So one small loss and a breakeven on this strategy so far. Oddly enough, the better play for neutral option strategies this week was NFLX. It’s upside world.

Calendars

#Earnings #Double Calendars

$AA gapped down then shot up through my strike. Didn’t get filled on my close order as it went past, now it’s getting too high. Will wait for a drift back down.

$MS gapped down and has stayed down. I bought to close Jan 18th short 29 call for .03, removing upside risk for a possible bounce into tomorrow.