... for a 38.06 debit.
Comments: Along with TLT, one of the only red things on my ETF board. Doing a starter position here, selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 38.06/share
Max Profit: .94
ROC at Max: 2.47%
50% Max: .47
ROC at 50% Max: 1.24%
Will generally look to take profit at 50% max, add at intervals if I can get in at strikes/break evens better than what I currently have on, and/or roll out the short call at 50% max.
Comments: Along with TLT, one of the only red things on my ETF board. Doing a starter position here, selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 38.06/share
Max Profit: .94
ROC at Max: 2.47%
50% Max: .47
ROC at 50% Max: 1.24%
Will generally look to take profit at 50% max, add at intervals if I can get in at strikes/break evens better than what I currently have on, and/or roll out the short call at 50% max.
Trade closed: target reached
Closed for a 38.44 credit; .38 ($38) profit. 1% ROC. About the only thing that hasn't been totally screwed here ... . 
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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.