Dawajmeister

I was out at 1.60. 22% loss

I also will not be entering the position this Friday because I expect a slow week next week with the holiday

I'm doing this as a test an learn so I will be in the position till end of day tomorrow

In the nov4 179.5 straddle for 2.08

I'm leaning towards entering at the end of the day if it's close to a strike

I might enter at the end of the day if there is a big move.

Out of the first week trade at 2.20. 14% gain

I was looking at it also and I think I might have to readjust rolling unless the credit is significant enough. Rolling for an .11 cent credit seems 1) commissions intensive 2) could possibly kill the trade

Did you look at rolling at the end of everyday if the underlying had moved sufficiently for a decent credit or just the price movement of the entry position between Friday and Wednesday ?

FYI you could've closed for 2.80-2.85 on Friday

Yes I am always going to be using the next week weeklies, the Nov 15 for this week.

I am probably going to roll to the Nov 176.50 soon for about a .50 credit, I don't want a pullback the last couple of hours and lose the gains from today. Rolled for .49, net effective of 1.86 now.

The ATM straddle was at 2.50 EOD yesterday, you would've started the day down .15.

It was higher than I expected this morning, but I'm in at Nov 2.35 underlying at 175

Correct