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NaughtyPines
Dec 6, 2016 5:47 PM

OPENING: IWM JAN 20TH 123/126 SHORT PUT VERTICAL 

iShares Russell 2000 ETFArca

Description

This really doesn't make sense to do in this low volatility environment as a stand alone trade, but I'm delta hedging/unit balancing out in the Jan 20th expiry ... .

The Jan 20th IWM delta is overall a bit shorter than I'd like, so I'm just picking up some small long delta here to balance.

Trade closed manually

Covering this here for a .22 debit for a small profit. Basically cleaning up odds and ends for the holidays and to flatten for a change in brokers.
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