Alert: OIH – close 31-March call

Ticker: OIH
Price: $275.73
Date: 3/28/23 12:15 pm

Underlying: Vaneck Oil Services ETF

Notes:  We’re going to try to close out of the long call and see if we can get premium.  Bid is 0.00 and Ask is 0.70, so we’re trying to get filled at the mid of 0.35 or better.  There is no guarantee that we will get filled on this trade, but with OIH higher today, we’re going to try. 

We will leave a GTC order in for 0.25 to see if we can get filled.  It probably won’t get filled, but it’s worth a try.

Trade Detail:

-5x 31-MAR 310 call

Price: 0.00 – 0.35 credit

Position after trade action:
-10 OIH 21-APR 285 put
+10 OIH 16-JUN 285 put
+10 OIH 14-APR 245 put
-10 OIH 6-APR 245 put