Oddbean new post about | logout
 Haven't done this in a while. With the big up move today I added 4 calendars (5 days apart) centered at 4355C.  This flattens my deltas and gives more upside room in exchange for some downside risk.  Going into a weekend I think this is a good idea.  The only risk today is a big pullback before close.  We'll see.

https://soapbox.midwaytrades.com/media/437e9742-ddd9-481e-8dec-12e29af3aa2f/941_adj1.png