CLOSING: XOP DEC 21ST 39/42 SHORT CALL VERTICAL
... for a .12/contract debit/.44 profit per contract.
Notes: Here, I'm taking a little call side off in profit from my XOP core position. Naturally, this leaves me "imbalanced" from a unit perspective (more put side than call) and doesn't help the position's current long delta, but I'll look to put some back on if there's a bounce ... .
Notes: Here, I'm taking a little call side off in profit from my XOP core position. Naturally, this leaves me "imbalanced" from a unit perspective (more put side than call) and doesn't help the position's current long delta, but I'll look to put some back on if there's a bounce ... .