Trade Adjustment: Roll Forward and Down FXI…

On November 11, 2021, I rolled forward and down a put option on the FXI ETF I originally established at the end of October, see: Sold 1 Credit Spread on China FXI ETF – 1.21% potential income return in 22 days As the expiry date approached and FXI was in the money, and not wanting yet to turn this trade into a covered call, I decided to roll it out and avoid the assignment.

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