Thursday, June 20, 2019

Superior Transformation

....by staying long Delta's one day longer....

$400 risk remains in the trade (versus $15k originally) vs. $8000 maximum profit potential (vs. $15k originally).

Tuesday, June 18, 2019

Risk Reduction

June 17, 2019

June 18, 2019

$15k in risk hedged off to credit position, while going from long to short deltas.