iShares Russell 2000 ETF
Long
Updated

OPENING: IWM JUNE 19TH 91 SHORT PUT

163
... for 2.79/contract.

Notes: The highest rank/implied broad market instrument on the board currently. Going small, a little bit farther out in time, since May only has 38 days left in it ... .

Trade active
Late Post: With June expiry IV here still high at 47.9%, rolled up to the 99 strike (16 delta) with 58 days to go for a realized gain of about 1.33 ($133)/contract and a 1.11 credit; total credits collected of 3.90.
Trade closed manually
Closed here for a .52 debit; 3.38 ($338) profit/contract. As with the TQQQ short put, a combo of movement away from the short option + volatility crush (30-day is now at 38.6%).

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