I have rolled up both the legs.
880/900 to 830/840 for $0.85 credit. Also reduced the spread from $20 wide to $10. I also rolled up 700 put to 710 for $0.90 credit and the similar to BCS also reduced it’s spread to $10.
With these adjustments, I have collected $3.20+$0.85+0.90= $4.95 (for my resulting 830/840/720/710 IC) and my [...]
I closed my 840/850 BCS by buying for $0.15. Now I am open on the bull put side (750/740) which is currently selling for $0.70 and there are 2 more week for the expiration. It is still above my threshold so I don’t want to buy this back yet.
With this purchase of BCS now I [...]
I have collected $2177 out of possible $3100 from the RUT Jan Iron condor. That’s about 70% of total premium that I can generate by selling IC. This is app 31% profit for the Iron condor and just 3 weeks to go for the Jan expiration cycle.
Some of you might be surprised how could I [...]
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