NaughtyPines

OPENING: IWM DEC 23RD 116/119 SHORT PUT VERT (DELTA HEDGE)

AMEX:IWM   ISHARES RUSSELL 2000 ETF
My current IWM             positions are skewing more delta negative than I would like, even after rolling up the short put sides of those yesterday to delta balance. Much as I hate to do it here (general rule: buy on weakness, sell on strength), I'm adding in a "smidgeon" of IWM             long delta here selling the as nearest as I can get to the 20 delta strike on the put side.

If my net IWM             delta skews back long, I'll add in the oppositional call side to this spread, creating a full iron condor in the Dec             23rd expiry.

Filled for a .38 ($38)/contract credit ... .
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out