iShares Russell 2000 ETF
Updated

Opening (IRA): IWM Oct 18th 192/214/214/236 Iron Fly

78
... for an 11.61 credit.

Comments: Highest IV of broad market ETF's at 27.6%. More small stuff (relatively speaking) while I twiddle my thumbs waiting on other October setups ... .

Metrics:

Buying Power Effect/Max Loss: 10.39
Max Profit: 11.61
ROC at Max: 111.74%
25% Max: 2.90
ROC at 25% Max: 24.98%

Will generally look to take profit at 25% max.
Trade closed manually
Closed today for a 10.56 debit; 1.05 ($105) profit; 10.11% ROC for 8 days' "work."

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