Trade Alert: Roll Down 2 Credit Spreads on SDC –1.4% potential income return in 112 days
coveredcalls.reinisfischer.com
Trade Alert: Roll Down 2 Credit Spreads on SDC –1.4% potential income return in 112 days
On November 05, I decided to turn a challenged credit spread on SDC into a put option. After this trade setup I managed to take a little credit and might actually turn this trade positive if options expire worthless.
I've been into this trade since the end of July. back then my short put strike price was $6.5, I have managed to roll it down to $5.5 in the past, and today I rolled it down one more time.
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