NaughtyPines

Rolling (IRA): JETS September 17th 24 Short Call to October 15th

AMEX:JETS   U.S. Global Jets ETF
... for a .36/contract credit.

Comments: This is the short leg of a long call diagonal, the long leg of which is out in March of '22. (See Post Below). There isn't a ton of extrinsic left in the September 17th 24, so rolling it here. Cost basis in the setup is now 6.85/contract - .36 = 6.49 with a break even at 22.49. I'm hanging out for a decisive break of 24 at some point ... .