iShares Russell 2000 ETF
Long
Updated

Opening (IRA): IWM July 21st 150 Short Put

33
... for a 1.48 credit.

Comments: Targeting the <16 delta strike in the shortest duration paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. IVR/IV isn't fabulous here at 1/22.7%, but will look to add in shorter duration and/or at better strikes in higher IV should we get it at some point.
Trade closed: target reached
Hit 50% max today ... . $74 profit.

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