... for a 1.60 credit.
Comments: Selling /CL premium on weakness, but giving myself plenty of room to be wrong, targeting the strike that is 50% of current price that has an ROC metric of >10%. 1.60 credit on buying power effect of 9.71. 16.5% ROC as a function of buying power effect; 8.2% at 50% max.
Comments: Selling /CL premium on weakness, but giving myself plenty of room to be wrong, targeting the strike that is 50% of current price that has an ROC metric of >10%. 1.60 credit on buying power effect of 9.71. 16.5% ROC as a function of buying power effect; 8.2% at 50% max.
Trade closed manually
Closed today for a 1.10 debit. .50/$50 profit. Lightening up positions running into year end ... .
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Disclaimer
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.