EEM AUG/SEPT 39/43.5/43.5/48 DOUBLE DIAGONAL (CONT'D)This is a continuation of a trade started out as a double diagonal.
I've made various adjustments to the short straddle body and to the long strangle "shell" to demonstrate how to manage these trades. (See Previous Post).
Currently, it has a scratch point of 2.27, and I've got an order to take it off at 1.47, since I was shooting to originally get .80/contract out of the trade.