Strict Standards: Redefining already defined constructor for class wpdb in /home/dailymar/public_html/faq/wp-includes/wp-db.php on line 49

Deprecated: Assigning the return value of new by reference is deprecated in /home/dailymar/public_html/faq/wp-includes/cache.php on line 36

Strict Standards: Redefining already defined constructor for class WP_Object_Cache in /home/dailymar/public_html/faq/wp-includes/cache.php on line 403

Strict Standards: Declaration of Walker_Page::start_lvl() should be compatible with Walker::start_lvl($output) in /home/dailymar/public_html/faq/wp-includes/classes.php on line 534

Strict Standards: Declaration of Walker_Page::end_lvl() should be compatible with Walker::end_lvl($output) in /home/dailymar/public_html/faq/wp-includes/classes.php on line 534

Strict Standards: Declaration of Walker_Page::start_el() should be compatible with Walker::start_el($output) in /home/dailymar/public_html/faq/wp-includes/classes.php on line 534

Strict Standards: Declaration of Walker_Page::end_el() should be compatible with Walker::end_el($output) in /home/dailymar/public_html/faq/wp-includes/classes.php on line 534

Strict Standards: Declaration of Walker_PageDropdown::start_el() should be compatible with Walker::start_el($output) in /home/dailymar/public_html/faq/wp-includes/classes.php on line 553

Strict Standards: Declaration of Walker_Category::start_lvl() should be compatible with Walker::start_lvl($output) in /home/dailymar/public_html/faq/wp-includes/classes.php on line 649

Strict Standards: Declaration of Walker_Category::end_lvl() should be compatible with Walker::end_lvl($output) in /home/dailymar/public_html/faq/wp-includes/classes.php on line 649

Strict Standards: Declaration of Walker_Category::start_el() should be compatible with Walker::start_el($output) in /home/dailymar/public_html/faq/wp-includes/classes.php on line 649

Strict Standards: Declaration of Walker_Category::end_el() should be compatible with Walker::end_el($output) in /home/dailymar/public_html/faq/wp-includes/classes.php on line 649

Strict Standards: Declaration of Walker_CategoryDropdown::start_el() should be compatible with Walker::start_el($output) in /home/dailymar/public_html/faq/wp-includes/classes.php on line 674

Deprecated: Assigning the return value of new by reference is deprecated in /home/dailymar/public_html/faq/wp-includes/query.php on line 15

Deprecated: Assigning the return value of new by reference is deprecated in /home/dailymar/public_html/faq/wp-includes/theme.php on line 505
3 Legged Box question : Options Trading FAQ
  • Home
  • Member Area
  • Helpdesk
  • 3 Legged Box question

    October 5, 2009 by Admin  
    Filed under Options, Three legged box

    Q: I have a 3 leg box trade on SRS. Since the market has turned do you take the bearish leg off and let the call side run or leave the trade intact.
    I bought Dece so I can let it go for a while.

    A: I keep it on until the option I sold as part of the vertical spread is near worthless then I buy it back.

    I also like to convert the 3 legs into a ‘box’
    to lock in my profits when the market is about to turn against me and I have a good profit. But that requires some skill in determining short-term market direction. My MarketDNA software can help with that.

    Comments are closed.