Opening (Margin): XOP September 15th 113/148 Short Strangle
... for a 2.66 credit.
Comments: Short put for the IRA (See Post Below); short strangle for the margin.
Selling the 16 delta strikes on both sides. 2.66 credit on buying power effect of 12.98; 20.5% ROC at max; 10.3% at 50% max.
Comments: Short put for the IRA (See Post Below); short strangle for the margin.
Selling the 16 delta strikes on both sides. 2.66 credit on buying power effect of 12.98; 20.5% ROC at max; 10.3% at 50% max.
Note
Pretty much just looking for the underlying to stay within the range it's been in all year ... .Trade active
Rolling the put side up to the Sept 15th 131 for a 1.63 credit to cut net delta in about half. Total credits collected of 4.31.Trade active
Rolling the put side up to the September 15th 137 for a 1.15 credit to cut net delta in about half. Total credits collected: 5.43.Trade closed manually
Closed today for a 6.70 debit. 1.27 ($127) loss. Flat in the margin account while I do a little vay-kay.
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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.