brownrc

Hi Chris, I've not been able to locate this strategy summary in the general forum or elsewhere with a search. Please provide the location if it has posted. Thanks, Rob.

Happy New Year of course! Any thoughts re rolling this trade out and keeping it going? Or are you waiting to see how the beginning of the year is going to shape up? Thanks, Rob.

Right - thanks. May I ask if you plan to stay in the trade and roll out? I was thinking to stay with it. If you would be so kind to suggest a roll out strategy that would be appreciated. Thanks, Rob.

Hi Chris, Unless I missed a roll, I'm still in the Feb long puts. At what point would you roll those out? Thanks, Rob. (Merry Christmas!)

Hi Chris, Thoughts re GLD and SPY Diagonal rolls for this/last week? Thanks, Rob.

Hi Chris, Strike price on the "STO Sep 27 Put @ 0.15" ? Thanks.

Chris, Ok, I'll take another bite. But why the Nov 126 Put? Thought we tried to go as close as possible to the current GLD price, currently just under 124. Directional bias on GLD? Thanks......

Chris, Just to fill out the picture, what exactly prevents this from being a "perpetual" trade where you roll the longs up and out "forever", even in a long bull? Impractical cumulative "paper" losses on the rolling longs? Thanks.

Max, "126-118 = 6" Should be 8, yes? Making your gains even better on the long put.

Thanks Chris. Very clear. There was another opinion voiced earlier in the forum that would have rolled sooner and possibly further out. Appreciate the clarification.

Hi Chris, Understandably, most of the discussion re this trade relates to the weekly rolls. However, please periodically review status/rules re the long put. Per your comment above, someone getting into the trade at that time might have gone with a long Sept 116 put. Sensing a surge in price, I went with Sept 118. At what point would someone "roll up and out" as the short term options move above the long put? Appreciate your assistance. Rob