... for a 3.95 credit.
Comments: Rolling up the put side to the strike that's approximately one-half the delta of the call side (which is at the 361 strike) to reduce net delta directionality. Total credits collected of 5.85 (See Post Below) plus 3.95 equals 9.80.
Comments: Rolling up the put side to the strike that's approximately one-half the delta of the call side (which is at the 361 strike) to reduce net delta directionality. Total credits collected of 5.85 (See Post Below) plus 3.95 equals 9.80.
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