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KS and NE in eastern 3rd | Say the market moves 1 dollar higher to 11.15 and you want to move your position up to 10 strike price, its basically going to cost you another 18 cents to buy that strike and you might get a few cents for selling your 9 which would probably be enough to cover your trade fees. That would leave you a 9.64 floor price while the market is at 11.15. Puts are not for everyone, definitely not for me. I either hedge the board or roll the dice.
Edited by JUST LEARNING 1/9/2017 12:33
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