So diag backspread thus far. 1.50x6 + 8 loss on put sale 758 gross debit. 32 gain on shares + 1.56x4 = 656 gross credit. Costs = 14.57
Closed it 2 lot segments. Longs 2@.28, 2@.28, 2@.30 =172 Shorts 2@.12, 2@.12 =48 Total Costs 14.57+8.88 = 23.45 P/L = 172 - 48 - 102 - 23.45 = - 1.45 I'd call it a BE.
Hi donnap, I just brought the CL Redux back to life. If you're still around, I hope you do share your thoughts, which I'm sure others will appreciate very much. Your option plays are exciting to follow. I made a little prognostication of my own for the coming days/weeks, so feel free to throw a light of your own. Maybe we can throw trading ideas around.