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2024
April 22nd, 2021 at 11:44 am
PHIL/IBM
Thx for prev interesting suggs about IBM.
30 IBM '23 $100c ($27.5)
-30 IBM '23 $140c ($12)
32 ’22 $120c ($16.6)
32 ’23 $115c ($26)
-8 ’22 $140c ($11.5)
-5 Jul’21 $130p ($5)
-5 APR $120p ($6.6) (expired)
-10 ’22 $100p ($10)
Am in the middle of a couple of slo-mo/frozen IBM rolls, from 32 long ’22 $120s down to ’23 $115s, IBM still rising so haven’t sold the $120s yet. Bought back 5 Apr $125 short calls for $10 but didn’t sell your suggested 10 July $135s yet, now thinking maybe sell $140s or even $145s? Sell more covers? Thoughts?
THX!