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Monday, February 28, 2022

7/x call spread only losing $3 vs $7 profit on put side

What is the take away?
4 dollar proft same day by rolling legs out enough
Premium
45 + 23 + 13 + (4 profit between legs)
Could roll in perpetuity?
As long as hug around strike?
Every 3 weeks $23 + $13?
Could 1 contract iron condor be rolled every 3 weeks for $36 profit?

52 weeks / 3 weeks == 17.3
17.3 x $36 = $624 per year on 1 contract?

10 contracts = $6240 per year
Collateral on hold for every 3 weeks == $1000

Or 3 contracts every week is 300 collateral
3 x 36 == $108 per week x 52 == $5200+








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