XLE 55/53 Put Credit Spread
Opened for a 0.25 Credit
XLE is making a strong move upwards, this filled on the afternoon pullback. If this pulls back in the next few days I will add the call side to turn this into a IC. This will provide me delta neutrality and allow me to play the range from 55-60.
XLE is making a strong move upwards, this filled on the afternoon pullback. If this pulls back in the next few days I will add the call side to turn this into a IC. This will provide me delta neutrality and allow me to play the range from 55-60.
Kommentar:
Closed this trade for a 0.10 debit this morning (order was GTC) in hindsight I should have held longer.