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NaughtyPines
Aug 25, 2020 12:37 AM

UPDATE: EWZ SEPTEMBER 18TH 33 CC/OCTOBER 16TH 27 COVERED STRAD 

iShares Inc iShares MSCI Brazil ETFArca

Description

... with a cost basis of 31.93.

Notes: Another broken trade in which I took on shares. (See Post Below). Some work needs to be done on improving the 27 short call ... .

Trade active

Sold some October 16th 25 short put for .50/contract. Since this is a 2 lot, cost basis on each lot is reduced by .25, so cost basis is now 31.68.

Trade active

Rolling the September 18th 33C's out to the October 32's for a .99 credit; cost basis now 31.68 - (.99/2) = 31.19.

Trade closed manually

Going flat before the election and in preparation for retirement.
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