Rolled Forward and down 4 RIDE Put options – 6% potential income loss in 81 days
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Rolled Forward and down 4 RIDE Put options – 6% potential income loss in 81 days
Welcome options traders, last trading week for 2021 has started and I decided to roll out a few positions into 2022.
On December 27, 2021, I decided to turn a losing credit spread on RIDE stock into a losing put option but minimizing my risk by lowering strike prices.
Originally this trade was opened as a credit spread back in November, see: Sold 4 Credit…
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