Closing (Margin): /MES February 28th 3670 Short Put
... for a 13.00 debit.
Comments: A subtractive delta adjustment here ... . Closing out its +9 delta flattens my net delta (which had begun to skew long), frees up buying power (I had an extra put unit on relative to call units), and results in a small profit of (18.50 - 13.00)/.2 = $27.50.
Comments: A subtractive delta adjustment here ... . Closing out its +9 delta flattens my net delta (which had begun to skew long), frees up buying power (I had an extra put unit on relative to call units), and results in a small profit of (18.50 - 13.00)/.2 = $27.50.