Norfolk Southern Corp Stock (NSC)

Investor Questions – Rescue of Credit Put Spreads On Norfolk Southern Corp Stock – Aug 10 2017

Categories: Investor Questions, Norfolk Southern Corp Stock (NSC), Rescue and Repair Strategies

Investor Questions – Rescue of Credit Put Spreads On Norfolk Southern Corp Stock – Aug 10 2017

An email from an investor who is holding credit put spreads on Norfolk Southern Corp Stock (NSC) is the focus of this rescue strategy. Let’s review the questions and then see what answers can be found.  Investor Questions Dear Teddi, The Norfolk Southern  (NSC) short puts in the credit put spreads I had went ITM and I rolled them; I made a mistake in my first roll and have an initial loss of $7,743 and with last week’s rise in NSC I can close all…

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