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MustafaOzak23
Mar 31, 2021 7:55 AM

Put Debit Spread  Short

American Airlines Group, Inc.NASDAQ

Description

IV rank is at 7.4, with these kind ranks I like to pick direction because volatility is not against me.

Brought a Put at 24 and sold a Put at 22, with a expiration of 51 day.

How I would mange this trade is once it hits 50% profit I will be at or roll at 21 days.

If it goes against me I will roll up my sold puts.
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