Wednesday, 17 January, 2024
9 days to run RXG4 – Fri next week expiry
{EU}
9 days to run RXG4 – Fri next week expiry
Upside broken call flies we recco’d cheapening up on the move lower, 136.5 strike still In the mix as a lower bound target
rxg4 136.5/138/139 9 tix (broken 500 in your favour) 10 8.4%d
but two lower strikes also look attractive
136/137/137.5 is 11 (50 in your favour on rally 9%d
136/137.5/138.5 is 13 150 on the mid strike and broken 50 in your favour 11.8%d
135.5/137/138 is 21 keep 150 on the mid strike and broken 50 in your favour 15%d
the upper 138 strike we were originally looking for feels to high, but if you don’t have some on, these lower strikes now offering value