Anatomy of a Trade - August 7, 2018 - A Small Loser is Better Than a Large One

published 2 weeks ago by tastytrade, Inc.

WYNN’s IVR was relatively high after the stock price dropped. On JUN 21st, we sold a 1SD synthetic strangle in IRA. Unfortunately, the stock price kept going down and broke through the short put strike. Mechanically, we rolled down the call spread a...

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