... for a 16.48 debit.
Comments: Total credits collected of 16.48 (See Post Below); scratching it out here for exactly that amount. It's possible that I could've still made money on this trade since price was in-between the strikes of my inverted setup, but my preference is to look to scratch these out if given the opportunity and then redeploy the buying power in something more productive from an implied volatility and probability of profit perspective rather than hang out in them attempting to make them winners.
Comments: Total credits collected of 16.48 (See Post Below); scratching it out here for exactly that amount. It's possible that I could've still made money on this trade since price was in-between the strikes of my inverted setup, but my preference is to look to scratch these out if given the opportunity and then redeploy the buying power in something more productive from an implied volatility and probability of profit perspective rather than hang out in them attempting to make them winners.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.