Trade appears to bring the total open interest at the June21 5 puts to nearly 200K contracts, all of which were opened last week in similar ratio spreads
selling the long-dated 5 strike puts against slightly shorter in-the-money long put positions, including a buy of 12K Jan 10 puts vs sale of 49K June21 5 puts on June 6th, and another 20K Jan 7.5 puts vs 40400 June21 5 puts for 1.25 on June 7th.
With Royston Drenthe in the side Everton have scored every 36 minutes this season, without him, that ratio spreads
to 149 minutes.
The application's strategies include basis trades, curve trades, 'butterflies' and ratio spreads
tailored specifically to commodity and financial futures.
After a chapter on basic concepts and vocabulary, the workbook explains puts and calls, the covered call, and directional and nondirection dependent strategies, and looks at volatility, ratio spreads
and backspreads, and current technology available to professional options traders.
-- Autospreader and Autotrader additions: Autospreader gives traders more control by providing them with the ability to dynamically freeze and unfreeze their working orders, adjust their payup ticks on the fly, create ratio spreads
and display their spread prices in fractions.
The 2X3 diagonal spread appears to roll short puts to Jan21, down 2.5 strikes, and is similar to ratio spreads
that printed Monday, with open interest numbers showing 5.5K Jan 10 puts closed and 15K Jan21 7.5 puts opened.
in Signet Jewelers as a bullish position is adjusted.
in Ebay as bullish positions are adjusted.
in Schlumberger as a bullish play is adjusted.
in Marriott as a defensive position is adjusted.
Far downside put ratio spreads
in PG&E March contracts.