iShares Russell 2000 ETF
Long
Updated

Opening (IRA): IWM February 16th 151 Short Put

56
... for a 1.58 credit.

Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. I would've gone shorter duration, but already have rungs camped out at where I would've pitched my tent, so starting to building out first quarter rungs here.
Trade closed: target reached
Hit 50% max today; out for a .79 debit. .79 ($79) profit.

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