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Sunday, January 12, 2025

Top Trades for Thu, 07 Jun 2018 13:22 – DXD Hedge

Well, the other indexes are failing but you can still get this morning's DXD July $31/32 bull call spread for $1.31/90, so 0.41 on the $1 spread with DXD at $31.84.  10 DIS 2020 $90 puts can still be sold for $4.80 as DIS popped 0.45 but that's still $4,100 less $4,800 so a $700 credit at the moment for the $10,000 spread.  Let's add that to the STP! 

We already have 50 Oct $32/36 bull call spreads at $1.55 - this is a short-term addition.  Since it's a $700 credit, we just dump the DIS puts (eventually) into the LTP so there's no way the STP can lose a penny on this trade and the LTP has plenty of money to buy more DIS (we have 15 2020 $90/115 spreads with 10 short $95 puts at the moment) - so win/win.

KHC/DC - You are right, I forgot about those,  No second sale in the LTP if you already sold some!  

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