Closing (IRA): SPY March 25th 437/June 520 Long Put Diagonal
... for a 79.15 credit.
Comments: Having erected a new short delta hedge in my IRA that I don't want "step on" with potential rolls of the short leg aspect of this setup, taking profit on this hedge here. My cost basis was a 63.58 debit (See Post Below). Closing it out here results in a realized gain of 15.57 ($1557)/contract.
Comments: Having erected a new short delta hedge in my IRA that I don't want "step on" with potential rolls of the short leg aspect of this setup, taking profit on this hedge here. My cost basis was a 63.58 debit (See Post Below). Closing it out here results in a realized gain of 15.57 ($1557)/contract.
