Monday, August 06, 2012

Rebalance IWM & XRT (sell puts)

Sell XRT Sep 54 puts @59.9 to rebalance to delta positive. The move up in the retail ETF moved my short strangle position to net short, delta negative. Adding a second layer of short puts rebalances. I was already short XRT Sep 52 puts, Sep 63 calls.

Also sell IWM Sep 71 puts @79.4 to rebalance. Story is near the same. I was already short IWM Sep 67 puts, Sep 85 calls.

Long BRKB EWG KFT
Net long LGF IWM SPY XRT

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