Close Trade Alert: SPY October/November Double-Diagonal

Tue, Oct 18, 2011 | Frank

Trades

This last order flattens out our October portfolio:

Day limit order
Sell to close 2 SPY Nov 130 calls
Buy to close 2 SPY Oct 124 calls
Sell to close 2 SPY Nov 107 puts
Buy to close 2 SPY Oct 113 puts
for a net credit of $0.55 or better.

Note that the 2 contracts specified above represent our entire remaining position for October expiration.

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Jared Woodard is a registered commodity trading advisor who specializes in trading volatility as an asset class. With over a decade of experience trading options, futures ... Read More

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