Opening (IRA): EWZ Sept 20th 25 Short Put

59
... for a .53 credit.

Comments: In for a penny ... . In for a pound. With the July 19th 28 short put looking ripe for assignment (it's still got time, so you never know), adding a rung here out in Sept (there is no August monthly yet).

The current position is a Dec 20th 29 Covered Call with a 28.44 break even, a July 19th 28 short put, and a Sept 20th 25 short put. I'll look to add a rung in August once it becomes available, assuming I can get in at strikes better than what I currently have on ... .
Trade closed: target reached
Hit 50% max today, closing for a .26 debit. .27 ($27) profit. Small underlyings beget small profits. 1.10% ROC as a function of BPE.

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