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Subject:  Re: ORCL's Feb '20 diagonal - now what? Date:  1/15/2019  11:39 PM
Author:  TMFEpsilon Number:  8599 of 8621


See this post:

That's me relaying thoughts from Billy. In short, you can keep the diagonal going, writing near-the-money calls, until expiration of the long call in 2020, so long as Oracle's stock price remains steady or slowly appreciates. If it suddenly spikes for some reason, you'll likely have to shut it down.

If you're not comfortable running a diagonal on your own, you could just sell your long call, too.

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