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DowDeva

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DowDeva

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Re: DowDeva post# 49571

Friday, 10/12/2018 11:16:39 AM

Friday, October 12, 2018 11:16:39 AM

Post# of 51778
A safer way to go might to be to sell an October OTM call with more volatility than a lower OTM call. Selling the October 286/287 looks like a possibility.

Or buy an OTM unbalanced butterfly on the call side, with expiration a bit out and only 60% chance of touching. If you buy the October 26, 286.50, sell 3 of the 287 and buy 2 of the 287.50, you get a nominal credit and $8 if it expires out of the money by October 26.

What to do...what to do...

:

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