Heineken-Ashi said:
I reduced all of my September SLV calls to at least net free positions. Many of them firmly profitable. Some booked big profits. Oct $27's I sold half at 200%, firmly in the green. Not touching Novembers or later yet unless the positions get to 150% return or higher at which point I might sell 25-50%.
Congrats to anyone patient on SLV or who added during these months of correction/consolidation. It's a great day to reduce exposure or take some profits. Don't give it a chance to get you in a hole.
trying to decide best roll up strategy on my Sept 20 '24 $25 calls. How do you assess the best value against risk and how much profit to capture?
for example:
3.05 - .88 = 2.17 * 1200 = $2604 sell Sep20 '24 25
2.17 - .74 = 1.43 * 1200 = $1716 roll to Oct18'24 29's
2.17 - 1.15 = 1.02 * 1200 = $1224 roll to Oct18'24 30's
2.17 - 1.19 = 0.98 * 1200 = $1176 roll to Nov15 '24 29's
2.17 - .89 = 1.28 * 1200 = $1536 roll to Nov15 '24 30's
2.17 - 1.64 = 0.53 * 1200 = $636 roll to Dec31 '24 29's
2.17 - 1.31 = 0.86 * 1200 = $1032.0 roll to Dec31 '24 30's
2.17 - 1.05 = 1.12 * 1200 = $1344.0 roll to Dec31 '24 31's
2.17 - .85 = 1.32 * 1200 = $1584 roll to Dec31 '24 32's
Am I looking at this the right way? Extracting maybe $1.20 each or should I focus on net free instead?
Think I read somebody mentioning a possible SLV at $34 or $35 in December recently.