Wednesday, June 18, 2008

ADJUST: HD Dbl. Calendar

Today I rolled my July long legs out to August to stretch the trade out a little longer. It has been channeling nicely within my range and I can get August cheaply today.

BOT CALENDAR HD 100 AUG 08/JUL 08 27.5 PUT @$0.44 debit
BOT CALENDAR HD 100 AUG 08/JUL 08 25 PUT @ $0.42 debit

My last cost basis was 0.44+0.47=0.91
Now it is 0.91+0.44+0.42= $1.77

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