Closing (Margin): /MES February 28th 3550/4210 Short Strangle
... for a 35.50 debit.
Comments: And now ... totally out of the February 28th expiry for a small winner. The 3550 leg was worth 23.00, the 4210 worth 16.50, for a total of 39.50. Closing it out here for 35.50 results in a (39.50 - 35.50)/20 = .20 ($20) gain. Nice to be able to make a little money on what started out as a mistake ... .
Comments: And now ... totally out of the February 28th expiry for a small winner. The 3550 leg was worth 23.00, the 4210 worth 16.50, for a total of 39.50. Closing it out here for 35.50 results in a (39.50 - 35.50)/20 = .20 ($20) gain. Nice to be able to make a little money on what started out as a mistake ... .