... for a 68.95 debit.
Comments: Starter position on weakness. 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: 68.95
Max Profit: 3.05
ROC at Max: 4.42%
50% Max: 1.53
ROC at 50% Max: 2.21%
Will generally look to take profit at 50% max, add at intervals, assuming I can get in at strikes/break evens that what I have on at the time, and/or roll out short call if my take profit is not hit.
Comments: Starter position on weakness. 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: 68.95
Max Profit: 3.05
ROC at Max: 4.42%
50% Max: 1.53
ROC at 50% Max: 2.21%
Will generally look to take profit at 50% max, add at intervals, assuming I can get in at strikes/break evens that what I have on at the time, and/or roll out short call if my take profit is not hit.
Trade closed manually
Closing ... for a 69.63 credit; .68 ($68) profit.
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.