EM are big right now, so is the IV behind them.
Sold -1 Oct19 $43 put for $1.32
Risk: 2x cr received or possibly continue to roll out if the allocation deems worth it.
Profit: 50% cr received or roll up as EM recover. EEM has proven to shrink back down to low IV quickly, so that might not be the best play.
Sold -1 Oct19 $43 put for $1.32
Risk: 2x cr received or possibly continue to roll out if the allocation deems worth it.
Profit: 50% cr received or roll up as EM recover. EEM has proven to shrink back down to low IV quickly, so that might not be the best play.
Trade closed manually:
Ugly gap this morning, closing this trade out for $100 loss.
