$MSTR DIAGONAL 260618/260515 CALL 250.0/CALL 175.0$ Rolled away as I was assigned at 298 and my call was at 175. I did not expect the sudden jump in the counter and I am sure no one did. My original plan was to ladder the call strike after each expiry upwards as the underlying moved up to reach the buy price. However the copy yet went up too fast and I have to roll at a loss to nearer my buy price .
Alexander by Manfredi, Valerio Massimo.Its a trilogy of 3 books about Alexander the Great.My own takeaways were unconventional: Alexander’s branding of himself, strategic and tactical genius, leadership skills and winning against all odds, curiosity, perseverance and machinations of statecraft all make one fascinating read with many lessons at all levels even today. Especially innovative thinking and creativity is compelling.
$ASML CUSTOM 260424 PUT 1305.0/CALL 1700.0/PUT 1300.0/CALL 1580.0$ Taking profit and rolling again on same day as call spread did not have any more space. Reducing the legs to capture more premium, as earnings is done and it is falling due to IV crush. By adusting the legs of the strangle and thus the wings also, we can give more space for premium capture while booking profits.
$TSM VERTICAL 260417 PUT 362.5/PUT 372.5$ I had to close at a loss, in spite of good results, TSM fell and crossed my strike. As it expires tomorrow and I have some commitments so I cannot monitor market tomorrow, decided to be safe and close. Roll was an option but would lead to a debit on an already loss making combo to roll it lower. Hence decided to swallow the loss