Description
⋅ 28/10/2020
Idea:
Coming off earning. Expecting volatility contraction (iv 32 currently) , and will be range bound for about 1-2 month duration.
Sell Straddle of 19 expiry dec 20 credit of 1.7/contract
breakeven: $17.35 and $20.7 at expiry
Comment
⋅ Filled at $1.569
ANZ: $18.99
BE: $17.43 and $20.56
Comment
⋅ 4/11/2020
Sold Strangle at $1.466
profit of 0.103/contract.