HomeNews News Comment by dhall3000 By Single Comment January 13, 2018 0 26 FacebookTwitterPinterestWhatsApp psw-placeholder View Single Comment dhall3000January 12th, 2018 at 2:36 pm Phil (or anybody), What are general tactics when you place a multi leg options trade and underlying moves away too quickly to fill a leg? Here's two examples I'm currently in: Example 1 Buy 600 FTR stock @ $7.41 ($4446) Sell 6 FTR 2020 $8 call @ $1.30 ($780) Sell 6 FTR 2020 $8 put @ $4.00 ($2400) FTR went moonrocket before the put filled. Not too sad cause showing net profit, just not as much as if put filled. Example 2 Buy 1 FAZ Feb $10 calls for $1.10 ($110) Sell 1 FAZ Feb $11 calls for 0.45 ($45) FAZ price sagged before $11 call filled so trade is underwater. Thoughts? Share FacebookTwitterPinterestWhatsApp Stay Connected157,335FansLike396,312FollowersFollow2,290SubscribersSubscribe Latest Articles Markets Russia’s economic strength will last another 18 months before unraveling as Putin grapples with policy ‘trilemma,’ think tank says News What I teach Harvard Law School students about opening arguments AI AI is turning into something totally new Markets Despite a fortified border, migrants will keep coming, analysts agree. Here’s why. Markets David Pecker was once ‘valuable’ to Donald Trump. Now his testimony could sink him. Load more
January 12th, 2018 at 2:36 pm
Phil (or anybody),
What are general tactics when you place a multi leg options trade and underlying moves away too quickly to fill a leg? Here's two examples I'm currently in:
Example 1
Buy 600 FTR stock @ $7.41 ($4446)
Sell 6 FTR 2020 $8 call @ $1.30 ($780)
Sell 6 FTR 2020 $8 put @ $4.00 ($2400)
FTR went moonrocket before the put filled. Not too sad cause showing net profit, just not as much as if put filled.
Example 2
Buy 1 FAZ Feb $10 calls for $1.10 ($110)
Sell 1 FAZ Feb $11 calls for 0.45 ($45)
FAZ price sagged before $11 call filled so trade is underwater.
Thoughts?