Establishing a long term position.
-1 Aug17 $8 put for $1.06. I'll likely cash flow this one for awhile as well.
-1 Aug17 $8 put for $1.06. I'll likely cash flow this one for awhile as well.
Trade active
Rolled the $8 put out to Sep21 for an additional $.25 cr, ~3% more ROC.Trade active
We're nearing that 21 DTE mark here, so I'm rolling out to the Oct19 expiration for another 2% ROC for $.17 cr.Trade closed manually
Closing this trade today for a $.87 db.Through all the rolls and today's close, I'm walking away with about $58/profit per contract. That's $58/$800, or 7.21% in 3 months on each contract. Beats CD rates for now!
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.
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.