... for a 1.90 credit.
Comments: Selling a put here, since the resulting cost basis if assigned shares would be lower than the cost basis of the position I've currently got on now. The full position is now a June 21st 82/88 covered strangle (i.e., short put, stock, short call).
Will look to take profit at 50% max.
Metrics:
Buying Power Effect/Break Even/Cost Basis in Shares if Assigned: 80.10
ROC at Max as a Function of Buying Power Effect: 2.37%
ROC at 50% Max as a Function of Buying Power Effect: 1.19%
Delta/Theta: 23.36/2.42
Comments: Selling a put here, since the resulting cost basis if assigned shares would be lower than the cost basis of the position I've currently got on now. The full position is now a June 21st 82/88 covered strangle (i.e., short put, stock, short call).
Will look to take profit at 50% max.
Metrics:
Buying Power Effect/Break Even/Cost Basis in Shares if Assigned: 80.10
ROC at Max as a Function of Buying Power Effect: 2.37%
ROC at 50% Max as a Function of Buying Power Effect: 1.19%
Delta/Theta: 23.36/2.42
Trade closed: target reached
Hit 50% max ... . Closed for a .95 debit; .95 ($95) 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.