... for a 70.80 debit.
Comments: High IV at 55%. Buying a one lot and selling a -75 call against in the August 16th monthly to emulate the delta metrics of a 25 delta short put, but with built-in short call defense. I looked at doing something in the 45 DTE wheelhouse, which would be the August 30th expiry, but it was less liquid than the monthly, so opted to go shorter duration, with the plan being to roll out to the September monthly should we get further weakness and/or a test of 73. Otherwise, I'll look to just take profit at my standard 50% max.
Metrics:
Buying Power Effect/Break Even: 70.80
Max Profit: 2.20
ROC at Max: 3.11%
50% Max: 1.10
ROC at 50% Max: 1.55%
Comments: High IV at 55%. Buying a one lot and selling a -75 call against in the August 16th monthly to emulate the delta metrics of a 25 delta short put, but with built-in short call defense. I looked at doing something in the 45 DTE wheelhouse, which would be the August 30th expiry, but it was less liquid than the monthly, so opted to go shorter duration, with the plan being to roll out to the September monthly should we get further weakness and/or a test of 73. Otherwise, I'll look to just take profit at my standard 50% max.
Metrics:
Buying Power Effect/Break Even: 70.80
Max Profit: 2.20
ROC at Max: 3.11%
50% Max: 1.10
ROC at 50% Max: 1.55%
Zlecenie aktywne
Rolled the 73 short call to the Sept 20th 71 for a 2.43 credit (a credit that exceeds the width of strike improvement). Break even now 68.37; 2.63 max; 3.85% ROC at max.Zlecenie aktywne
Rolled the Sept 20th 71 short call to the Dec 20th 68 for a 3.67 (a credit that exceeds the width of strike improvement) on strength today. 64.70 break even; 3.30 max; 5.10% ROC at max.Unfortunately, there isn't an October monthly currently available (or a November), so had to go out to Dec.
Uwaga
9/25 Dividend: $0.230214/share. 64.47 break even (with divvies).Zlecenie zamknięto ręcznie
Closing here a little short of 50% max. Closed for a 66.21 credit; 1.74 ($174) profit (with divvies). Now out of my TQQQ position.
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Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.