... for a 4.95 credit.
Comments: A Q3 starter position ... . Targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. July isn't paying, so going out to August.
Will look to add rungs in shorter duration, assuming I can get in at strikes better than what I've got on currently.
Comments: A Q3 starter position ... . Targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. July isn't paying, so going out to August.
Will look to add rungs in shorter duration, assuming I can get in at strikes better than what I've got on currently.
Trade closed manually:
Let this one ride past 50% max ... . Closed today for a 2.12 debit. 2.83 ($283) profit.