Opening (IRA): IBIT October 19th 56 Covered Call

56
... for a 54.20 debit.

Comments: Selling the -75 call against shares to emulate the delta metrics of a +25 delta short put, but with the built-in defense of the short call and to take advantage of higher IV on the call side than on the put.

Metrics:

Buying Power Effect/Break Even: 54.20/share
Max Profit: 1.80
ROC at Max: 3.32%

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