Today is the 3rd day of Chinese New Year (Goat), yesterday a trade went through. The situation isn't "Positive" for me, but I manage to take timely advantage of it.
Remember my position in NBG, pending the negotiation of a bailout renewal/extension ? The EU has agreed to extend 4 months starting March 2015 for Greece. This news has resulted in a rebound of NBG passing the $1.50 strike, risking my position to be exercised, so I did a "Roll" order & adjusted the strike to $2 .
While doing so, I collected USD $101.99 nett cash for 2 months, due in April 2015.
Also I have another Position due for expiry today, which is an Advanced strategy deployment of NBG Put $1.50 . So I'll be placing another trade order this coming Monday to collect More Cashflow into my account.
*Refer to disclaimer