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Naked -Not So Much Fun- Trade 72 Special

Naked -Not So Much Fun- Trade 72 Special

 This Was The Trade: SELL the 7150 call  @19.5 (230 OTM) and SELL the 6300 put @20 (620 points OTM). Credit 39.5. Risk at 7190 and 6260 FTSE was 6920 on March 23rd- now it is 7264. OUCH! FTSE has risen  5% since 23rd March. Why? Too much money chasing a home? Or this:       […]