iShares Russell 2000 ETF
Long
Updated

Opening (IRA): IWM October 20th 166 Short Put

68
... for a 1.73 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.

As usual, will look to add in shorter duration and at lower strikes if we ever get an uptick in volatility at some point.
Trade closed: target reached
Closing at greater than 50% max for a .70 debit; 1.03 ($103) profit.

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