ROLLING JUNE 24TH 2045/2055 SHORT PUT VERT TO 2035/2050
Figured I'd balance the wings out width wise here, as well as capture some increase in value experienced by the long put (which gave a small strike price improvement assist to the short put), even though I promised myself I wasn't going to touch this bugger with only 9 DTE. Filled for a $75/contract credit ... .
Dissatisfied with the resulting net delta of the setup, I also rolled the short call side down from 2120/2135 to 2115/2130 for an additional $45/contract ... . It's about as delta balanced as it's going to get ... .
At this point, I will need to look at the entire option chain for this trade (original + rolls) to see what my scratch point is, the notion being to get as flat as possible in advance of Brexit.
Dissatisfied with the resulting net delta of the setup, I also rolled the short call side down from 2120/2135 to 2115/2130 for an additional $45/contract ... . It's about as delta balanced as it's going to get ... .
At this point, I will need to look at the entire option chain for this trade (original + rolls) to see what my scratch point is, the notion being to get as flat as possible in advance of Brexit.