Option Investor
Newsletter

FOLLOW UP TO ANF

HAVING TROUBLE PRINTING?
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PLEASE BE ADDITIONALLY ADVISED

Please be sure to buy back the ANF AUGUST 65 put to close out your old short position( should be able for no more than a nickle. If you don't this will tie up margin

Remember we have a ANF August 65/60 Put spread, already, so we need to buy back the ANF AUGUST 65 PUT. No reason to sell the ANF August 60 put, there is no premium

This new August 72.5/67.50 will replace the old put spread and create the new iron condor

This will leave you with"

A long August 60 put

- and

the new ANF position SHORT AUGUST 72.50 and LONG AUGUST 67.50 on the put side when you get executed.





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