We’ve adjusted a position in the Paid-to-Play portfolio today:
For access to JC and Sean’s P2P options strategies, you must be a premium member of All Star Options P2P. Please login below.
We rolled our adjusted EFA Feb17 64/72 Strangle to an EFA March17 67.50/74 Strangle for a .34 cents net credit.
Essentially we did two trades: closed the February strangle and established a new March17 strangle at the 67.50/74 strikes for a .34 cents next credit all-in. Our new GTC order to close this new March Strangle at a profit is .50 cents.
Here is today’s short video where I review our portfolio and place these adjusting trades:
If you have any questions on this trade, please send them here.
You can view all trades and cash flow for this P2P account on our cash flow tracker found here.