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NW IN | Yep. And if you are carrying the hedge in your own account, it only costs your round turn trade cost. Lots of good brokers will do that for $30ish...or cheap brokers might be free.
And you can call your broker and set a target on the spread. If Z-H is want you want and it's currently at 10¢, but you think that's too cheap, you can set a target of 14¢ (or whatever) and let the market work for you. It's a lot more challenging to set the target on a spread with an elevator. Not saying it can't be done, but it can be more challenging. | |
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