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-- added 5 more contracts of 495/475 1:3 (closed it after market moves away from desired direction)
-- added 10 contracts of 495/485 1:3 (closed it after market moves away from desired direction)
-- added 15 contracts of 505/510/460 1:3:2 BWB (held it Till Expiration on 19th of March)
-- added 11 contracts of 510/505/470 1:3:2 BWB (held it till expiration on 19th of March)
-- roll out my GS covered calls from March 170 strike to July 180 strike for a $3.62 credit per contract
-- scratch my GS Ratio Spread 145/135 1:3 for even-money when I realized that GS took rocket fuel for lunch; as a result, I completely dropped my idea of making a collar.
-- took profit on the C short strangle and opened a new short strangle on C only to realize that C was with GS at the rocket fuel lunch. Therefore, I promptly sold the C $3 strike put for a profit and got ready to roll out my C $4 strike put to $5.
- total profit for ratio spread, BWB and others is about $5,300
I should put up my thoughts about the above in my next post as I think that it deserves a post on its own.
This post first appeared on A Boring Way To Make Consistent Profit From Tradin, please read the originial post: here