Alert: Adjustment – CAT Time Twister
Ticker: CAT
Price: $233.18
Date: 3/10/23 12:50 pm
Underlying: Caterpillar
Est. Net Credit: $1300
Master Portfolio Contracts: 10
Notes: CAT sold off with the rest of the market. We need to adjust the CAT Time Twister. Prices are moving. Place the order, be patient, and adjust.
Trade Detail:
Trade Action 1:
STO 10x 24-MAR 240 call
BTO 10x 24-MAR 245 call
Price: 1.30 credit
No additional margin required
Trade Position After Adjustment:
+5x 31 MAR 250 call
-5x 24 MAR 250 call
-10x 24 MAR 240 put
+10x 24 MAR 230 put
-10x 24-MAR 240 call
+10x 24-MAR 245 call