Rolled puts up? your short strike is -118, mine still at -121 with no adjustments.
did you roll your calls down because it's very likely to go ITM with a POP in prices up today. our short call strike spread was -152C/+155C which we closed that leg out earlier. Be careful on your trade as your 12% gains will evaporate very quickly after today :( . the price trend will reverse bullish, that's why i did not adjust anything and let it go down ITM on put side and when it reverse on oversold, i get out or it nears expiry by then.
Yes did that a while when oil was less than 70. Today rolled puts up again. Will probably close this week if oil keeps rallying. Maybe one more chance to roll puts up to iron fly.
If the Fed changes course and no more hikes, how long do you figure it will take for the market to react? And for actual economy and GDP to be impacted?
Weekends are way to short. I am not excited about my job at all next week. It pays the bills. But excited to trade again!
Rolled puts up? your short strike is -118, mine still at -121 with no adjustments.
did you roll your calls down because it's very likely to go ITM with a POP in prices up today. our short call strike spread was -152C/+155C which we closed that leg out earlier. Be careful on your trade as your 12% gains will evaporate very quickly after today :( . the price trend will reverse bullish, that's why i did not adjust anything and let it go down ITM on put side and when it reverse on oversold, i get out or it nears expiry by then.
Yes did that a while when oil was less than 70. Today rolled puts up again. Will probably close this week if oil keeps rallying. Maybe one more chance to roll puts up to iron fly.
I’m currently in this XOP iron condor https://dsc.cloud/aab051/Photo-2023-04-02-20-59.jpg It’s 12% of max profit right now and I’ve rolled puts ip twice!
If the Fed changes course and no more hikes, how long do you figure it will take for the market to react? And for actual economy and GDP to be impacted?
it probably already had reacted 2-3 weeks ago :D Not so worry on GDP because when it gets hit bad, QE will start again which is market bullish...
I am totally neutral the market right now. Not sure what will happen. Futures are down but that could change on a dime.