Hubert
Yesterday, Thursday 4th Aug. I purchased a Oct 21 TLT 118 put , NFP comes out n we have a gap dn to the 116 area, I am wanting or could use some help managing this trade, maybe develop it into a longer duration trade, butterfly, condor, broken wing condor, what ever the case may be, just not really sure of my next step, if I sell a 116 put, makes it a 2 point spread, anyway your assistance would be greatly appreciated going forward,
Hubert
Yesterday, Thursday 4th Aug. I purchased a Oct 21 TLT 118 put , NFP comes out n we have a gap dn to the 116 area, I am wanting or could use some help managing this trade, maybe develop it into a longer duration trade, butterfly, condor, broken wing condor, what ever the case may be, just not really sure of my next step, if I sell a 116 put, makes it a 2 point spread, anyway your assistance would be greatly appreciated going forward,