Terra_Incognita
10-21
$USO CALENDAR 261023/261030 CALL 150.0/CALL 150.0$ USO: rolling management of a losing trade. 

Oil traded above these short calls with strike of $150 expiring 23rd Oct. 

So I'm preemptively rolling these 1 week further to 30th Oct with same strike while I still can get some additional credits for the rolling. 

Wanted to roll further out to buy more time but the IV were lower for more weeks so I might end up paying a debit for the rolling management so that's not what I wanted. 

Will actively manage this until exit with profit or cut loss at some point in the future. 
USO Calendar
10-21 23:28
US150.0/150.0
SidePrice | FilledRealized P&L
Credit
Close
-1.25
2
--
Closed
USO CALENDAR 261023/261030 CALL 150.0/CALL 150.0
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Comments

  • CHINNY168
    10-22
    CHINNY168

    Great article, would you like to share it?

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