Putting back the short leg of PMCC into position . Last week took profit on the short call when it was reacting to the Toshiba news. Good profits of more than 50% of the short call value realised.
Seem to be crawling back today to a reasonable value before the dip. Hence putting up my short call position to capture the theta decay. However, always note that this caps the upside of this leap, pros and cons.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 9.20 1Lot(s) | -- Closed |
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- OgdenHerbert·10-05 22:32Cleaner re-entry than forcing it on the Toshiba pop. 50% on the short leg is solid. IV can still bleed if WDC stays pinned, but theta is doing most of the work here.LikeReport