Loading...Adjust: Roll MER Call Calendar
Opening Trade
Been a busy day today. I got an email from the Options Monkey (http://theoptionsmonkey.wordpress.com/) that our MER Calendar was near the strike price and she got a decent fill on the roll. I got an even better fill! :)
Here's the ThinkorSwim order:
SOLD -15 CALENDAR MER 100 MAR 08/FEB 08 55 CALL @1.97, MER MARK 55.62
You can see that at the time MER was trading at 55.62, that is right at our 55 Call strike price.
Our original cost basis of -2.51 is now at -.51 and we still have another roll from Mar to Apr to earn even more!
I'm liking these calendar's!!!
MdrNate
Been a busy day today. I got an email from the Options Monkey (http://theoptionsmonkey.wordpress.com/) that our MER Calendar was near the strike price and she got a decent fill on the roll. I got an even better fill! :)
Here's the ThinkorSwim order:
SOLD -15 CALENDAR MER 100 MAR 08/FEB 08 55 CALL @1.97, MER MARK 55.62
You can see that at the time MER was trading at 55.62, that is right at our 55 Call strike price.
Our original cost basis of -2.51 is now at -.51 and we still have another roll from Mar to Apr to earn even more!
I'm liking these calendar's!!!
MdrNate
Comment Form under post in blogger/blogspot