Hi All,
The market is continuing to hang up here at the recent highs. Today, on both the November 55 day trade and the November method 15 trade, I sold the 690/740/790 calls butterflies and rolled them out to 700/750/800. If the market continues up, I will likely begin rolling up the 710 butterflies. It is unlikely at this point, that the 750 will be rolled any higher. Both positions are up money, but only $500-$900, and are pictured below:
Nov 55
Nov m15
Other positions are the same.
That’s it for now, Happy Trading!
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