08/12 IBM Calendar

With IBM around 120, I wanted to cut some of the delta and reduce my up-side risk. I took off 1x 115 CALL calendar. My goal is to stay in the trade, will only exit if P&L drops by 50% from here (what Dan Sheridan calls the Tighten the Noose).

Position's History:
08/11 IBM Calendar
08/10 IBM Calendar
08/07 IBM Calendar
08/06 IBM Calendar
08/05 IBM Calendar
08/04 IBM Calendar
08/03 IBM Calendar
07/31 IBM Calendar
07/30 IBM Calendar
07/29 IBM Calendar
07/28 IBM Calendar
07/27 IBM Calendar *New*

Return to home