K200 added 2 new Strikes (282.5 and 285) for both Sep11'14 and Oct08'14. However, there is still no price quoted for Call 285 for both Sep11'14 and Oct08'14.
Although there are Bid/Ask price quoted for Call 282.5, somehow the Call Spread 280/282.5 price is not quoted or available for both Sep11'14 and Oct08'14.
While technically you can execute one leg at a time separately, this is not the Spead you want to roll up if you are having Call Spread 277.5/280. If you do that, you will actually changing your 277.5/280 Call Spread to 277.5/282.5. From a 2.5pt spread to 5.0pt spread. Your short strike remain at 277.5. This does not improve the risk.
The next closest spread you should roll up to is 282.5/285 Call Spread (if you are holding 277.5/285 Call Spread). However, since price is not quoted/available for 285 Call Spread, you cannot even execute the leg separately.
No comments:
Post a Comment