1. KCH 140 Calls. To get beat, KCH must rally in coming 7 days 106 pts. per day to the Strike and 113 pts. per day to the Strike + Premium.
2. KCH 145 Calls. To get beat, KCH must rally in coming 7 days 178 pts. per day to the Strike and 181 pts. per day to the Strike + Premium.
3. KCH 125 Puts. To get beat, KCH must decline in coming days 108 pts. per day to the Strike and 114 pts. per day to the Strike + Premium.
You can easily calculate your own choices of Strikes and Strikes + Premiums. I found it an enlightening process.
I have been sweating like Peeg in recent days with my earlier substantial Put sales. Finally yesterday I get to begin offsetting a bit with sales of 140/145 Calls. Hope to continue process today et. seq.
Positions: Short 140 thru 175 Calls, Short 125 thru 130 Puts.
The exciting part rates to lie directly ahead, with 7 days to go. Twilight Stangler aroused and now into action.
On We Go,
Barefoot