I think he is just trying to roll. Although we call it a roll, it is in essence two independent transactions. So you need to close the Sept...
For those of us who may be curious, do you mind sharing how you reduce the cost of your puts? I dont believe there is such a thing as a free...
Just move the strike up a bit to take some money off the table. i.e. sell the 95 call and buy a 110 call. You will bank some profits, take some...
As someone who has lost more than that, let me share my thoughts. I suspect you already know this, so this is for others reading the forums. I...
It is so far ITM that it is unlikely to have much extrinsic value - you might as well just exercise the long put. If you want to be super frugal,...
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