NaughtyPines

Rolling: IWM July 22nd 167.5/172 to August 5th 158/187.5

AMEX:IWM   iShares Russell 2000 ETF
... for a 6.04 debit.

Comments: Rolling out and paying a debit here that is smaller than total credits collected to reduce buying power effect. Up to this point, I'd collected a total of 8.39 in credits, so I'm still net credit on the setup by 2.35, but it's currently marking at 4.57 or so, so I'm down 2.22 on the position at this point. The setup, however, is now "delta/theta happy" at -4.03/12.39 and isn't being such a buying power pig.
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