iShares Russell 2000 ETF
Updated

Opened: IWM February 25th 197/300 Short Strangle

77
... for a 3.27 credit.

Comments: Here, just adding in a little IWM in the weeklies around 45 days until expiry while I wait for the March monthly to shorten in duration to do other stuff.

3.27 on buying power effect of 26.15; 12.5% ROC as a function of buying power effect (on margin); 6.3% ROC at 50% max.
Note
Rolling the short call down to the 215 for a 1.35 credit. Total credits collected of 4.62.
Trade active
Rolling the 215 down to the 198 for a 3.78 credit. Total credits collected of 8.40.

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