Adjust: Roll WMT Call Calendar
Opening Trade
Another email from The Options Monkey alerted me to this roll.
SOLD -20 CALENDAR WMT 100 MAR 08/FEB 08 47.5 CALL @.85, WMT MARK 50.47
With that +.85 credit for the roll, that brings down our cost basis from -1.95 to -1.15 and we have several months to go. We can still roll from Mar to Apr, Apr to May and May to June.
Excellent!
Another email from The Options Monkey alerted me to this roll.
SOLD -20 CALENDAR WMT 100 MAR 08/FEB 08 47.5 CALL @.85, WMT MARK 50.47
With that +.85 credit for the roll, that brings down our cost basis from -1.95 to -1.15 and we have several months to go. We can still roll from Mar to Apr, Apr to May and May to June.
Excellent!
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