I closed $HSY DIAGONAL 240510/240426 PUT 180.0/PUT 185.0$  ,“I wish Willy Wonka can help to lower the cocoa price.”. HSY price has moved below $185 and I have about 1 week left to expiry. I believe cocoa price should come down 1 day, so I decided to roll this trade for some credits and allow more time for the price to play out. HSY will also be announcing earnings on 3 of May. That day may/may not move the price and I am prepared for the ride.
HSY Diagonal
04-17 23:38
US180.0/185.0
SidePriceRealized P&L
Credit
Close
-0.35--
Closed
HSY DIAGONAL 240510/240426 PUT 180.0/PUT 185.0
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  • Tracccy
    ·04-18

    cocoa would not support the price for a long time

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