9:20 ce & pe
SL ON EACH SIDE IS 150 UNDERLYING POINT
AND RECOST IS ON BOTH LEGS
1- MARKET MOVING UPSIDE CE SL HIT
NOW ONLY PE IS THEIR
2- IF NOW MARKET CONTINUE UPSIDE NO CHANGE IN POSITIONS
3 - AFTER SL GOT TRIGGERED AND COMING DOWN TO COST ( RECOST ON SL)
AT THIS POINT I NEED TO SELL PE ALSO
SO I AM HAVING 1 PE IN 1ST STRADDLE BEFORE RECOST
After RECOST I NEED BOTH CE & PE (IN 2ND STRADDLE)
NOW BOTH