The Speculator: Update to Your DBC Instructions

The position in question should be the Jan. 2023 $22 calls.
The Speculator -- By Eric Fry

By Eric Fry

Mar 04, 2022

Update to Your DBC Instructions

Hello, Savio.

Earlier today, we sent an alert about selling DBC calls that referenced the incorrect strike price. However, the guidance remains the same: Sell a one-third portion of the DBC call option position you already hold.

The exact instructions should have read as follows:

Sell one-third of your position in the Invesco DC Commodity Index Tracking Fund (DBC) Jan. 2023 $22 calls for $5.50 or higher. The current bid price is $5.65. Use a "limit" order, not a "market" order.

We apologize for any confusion this may have caused.

Regards,

Eric Fry's Editorial Team

This message was sent:

Mar 04, 2022 14:38:39.851

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