- Entry
- $129.00
- Now
- $134.06 +3.9%
- Target
- —
- Score
- —
Hi all, I'm looking for advice on managing this position : 3x ORCL 170C Nov20'26 It is obviously now deep ITM, is at delta 0.85, and I feel like I'm now holding basically a synthetic stock. I'm looking to protect myself against downside and potentially be able to realise more upside, though I am not opposed to just letting the position ride if that is wise. I am unfamiliar with diagonal spreads, Poor Man's Covered Calls, diagonal rolls, etc. Please …
— ORIGINAL POST ·
Managing a deep ITM option [ORCL]
· r/options
· Jun 1, 2026