Closing (IRA): SMH 205/215 Short Put Vertical
... for a .87 debit.
Comments: First part of an adjustment trade. Instead of rolling the short put vertical aspect of my 205/215/255/265 up to delta balance, I'm closing it out.
Then, I'll re-erect a 2 x 5 (the equivalent of a 10-wide) to delta balance against the call side, whose short leg is at the 32 delta.
Comments: First part of an adjustment trade. Instead of rolling the short put vertical aspect of my 205/215/255/265 up to delta balance, I'm closing it out.
Then, I'll re-erect a 2 x 5 (the equivalent of a 10-wide) to delta balance against the call side, whose short leg is at the 32 delta.
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