dforster2 June 16th, 2011 at 11:15 am
I think an alert email would come out for an adjustment. Also notice the delta of the short put is only about .11 or less. Which makes sense to go down slightly on an up day. But don’t take my word for it. This is only my 2nd trade and I’m a newbie!
I did put in a Standing order for .25 just because I am always nervous doing these new (for me) types of trades. I would be happy taking .85 in a choppy market like this.
Thanks IT, great explanation of adjusting if I can understand it!
June 16th, 2011 at 11:15 am
I think an alert email would come out for an adjustment. Also notice the delta of the short put is only about .11 or less. Which makes sense to go down slightly on an up day. But don’t take my word for it. This is only my 2nd trade and I’m a newbie!
I did put in a Standing order for .25 just because I am always nervous doing these new (for me) types of trades. I would be happy taking .85 in a choppy market like this.
Thanks IT, great explanation of adjusting if I can understand it!