... for 75.00 per Johnny.
Notes: Looking to take short term advantage of this beat-down, betting that it will stay above $80/share through expiry. Max profit of 5.00, but may take it off early if it proves too much for my delicate sensibilities.
Notes: Looking to take short term advantage of this beat-down, betting that it will stay above $80/share through expiry. Max profit of 5.00, but may take it off early if it proves too much for my delicate sensibilities.
Note
In reality, a winner anywhere above $75.00 (but would naturally prefer it to stay above $80 and have the shares called away).Note
Just for contrast: the Dec 20th 75 short puts are paying 4.20 at the mid with .10, .15 wide markets with a cost basis of 70.80 if assigned. #Buyer'sRemorseTrade active
Little bit of pop here, and I'm adding some short delta to potentially get a little more sumthin' sumthin' out of the trade and/or hedge long delta: sold the Dec 20th 115 for 1.67.Note
Post-overwrite cost basis: 73.33; current delta/theta: 25.16/11.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.