Options Idea: Sell The September 18, 2020 Put @ $1.3
ALRM
seems to have stopped its downward trend. It has recovered the EMA 8 and is heading back to EMA 20 territory. I sold a Sep 18 2020 55.0 Put @ 1.3 with the idea that the uptrend will continue over the next few days or weeks. 20-ALRM-01
- Opening Date: August 20, 2020
- Expiration Date: September 18, 2020
- DTE: 29
- IV: 44%
- IV Percentile: 37%
- Odds of Winning: 68%
- Win: > 53.70 @ Expiration
- Loss: < 53.70 @ Expiration
Chart Legend
- The green area represents 100% win zone.
- The yellow area is a win, but we have to give back some of the initial credit taken in.
- The red area is loss.
- 1 SD, 2 SD, 3 SD projections from Opening Date to Expiration Date are included.