EEM is our longer-term cash collection trade. Let’s roll our put and calls expiring this Friday out another month.

TRADE ROLL

iShares Emerging Markets ETF (EEM):  34.42

TRADE ACTION 1:  ROLL the EEM 35.50 put to 18 Nov 35 put for a net credit of around 0.20 to 0.23

BTC the 21 Oct 33.50 put

STO the 18 Nov 35 put

TRADE ACTION 2:  ROLL the EEM 21 Oct 36 call to the 18 Nov 35 call for a net credit of around 0.80

BTC the EEM 21 Oct 36 call

STO the EEM 18 Nov 35 call

The 50K Portfolio is trading 5 contracts.