Adjust: AFL (Aflac) Put Calendar
I saw Mojo make this adjustment here
I closed down 10 contracts yesterday for +1.29, that's a .03 profit. Nothing to write home about. Bought another 9 contracts of puts at the March / May 65's to give me more topside protection and profit. So now it's a double calendar.
The topside was bought for -1.73 and gives me a sweetspot much higher then the original calendar did.
Credit to www.insanemoney.com for the idea.
Thanks Mojo!
MdrNate
I closed down 10 contracts yesterday for +1.29, that's a .03 profit. Nothing to write home about. Bought another 9 contracts of puts at the March / May 65's to give me more topside protection and profit. So now it's a double calendar.
The topside was bought for -1.73 and gives me a sweetspot much higher then the original calendar did.
Credit to www.insanemoney.com for the idea.
Thanks Mojo!
MdrNate
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