I opened 4 lot(s) $DJT 20250221 70.0 CALL$  ,

Adding back short DJT positions. With increase of DJT price, call option strike can be adjusted to $70 which provides significant protection. 

DJT CALL
12-23 23:24
US20250221 70.0
SidePrice | FilledRealized P&L
Sell
Open
1.13
4Lot(s)
+11.51%
Holding
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  • DeltaDrift
    ·12-24 11:58
    What’s premium for this OTM call tho…?
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    • Bonta
      Buy to close at $33.70 sell to open at $32.50. Deficit of $1.2. Add on short put at $2.65. Final credit of $1.45 excluding transaction costs
      12-24 13:03
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  • feelond
    ·12-24 00:02
    Seems like a smart move! Adjusting the strike gives you a nice safety net. Good luck
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