Netbiz86’s Weblog

April 23, 2008

ADJUST: XOM Put Calendar Spread

Filed under: Put Calendar Spread — netbiz86 @ 4:16 pm
Tags: , ,

Opened XOM May-Jul 95 Put Calendar to create a double calendar with the May-Jul 90 Put Calendar, which was  opened on the 9th of April.

The stock price is now close to the upper breakeven of the May-Jul 90 Calendar and required the adjustment to widen the profit zone. The new upper breakeven is now 98.74. The lower breakeven is 87.13.

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