Sunday, May 23, 2010

[TheOptionClub.com] Re: V

 

No comments on this type of trade and what a potential repair strategy might look consider?

--- In OptionClub@yahoogroups.com, "trade4more" <wkaufmann@...> wrote:
>
> I'm new to the board and had a question.
>
> I had what I thought was a nice synthetic long split strikes on V. But a few days away from the market and now it looks like it has blown up.
>
> Long 1 Sept 95 call
> Short 1 Sept 80 put
>
> Going long at 80 still may not be terrible and I believe I could roll these out. But watching the board I was thinking about an adjustment.
>
> Short 1 Sept 80 put
> Long 2 Sept 70 put
> Long 1 Sept 80 call
>
> Any thoughts on a repair strategy for synthetic long split strikes?
>

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