... for a .65 credit.
Comments: Adding a short put element to my EWZ covered call ... . Here, it was either sell the 21 delta 27 for .36 or be more aggressive and sell the 30 delta for .65.
Do I really want more shares of EWZ? Not particularly. That being said, IV isn't horrid here at 26.5%, and there is the divvy to be had (8.20% annualized) so picking up additional shares wouldn't necessarily be a bad thing ... .
Comments: Adding a short put element to my EWZ covered call ... . Here, it was either sell the 21 delta 27 for .36 or be more aggressive and sell the 30 delta for .65.
Do I really want more shares of EWZ? Not particularly. That being said, IV isn't horrid here at 26.5%, and there is the divvy to be had (8.20% annualized) so picking up additional shares wouldn't necessarily be a bad thing ... .
Trade active
Rolling this out to the August 16th 28 for a .25 credit. .90 credits total collected; 27.10 break even.Trade closed manually
Since I have better Sept rung on at the 25, closing this here for a small loser while I can. Closed for a .96 debit; .06 ($6) loser.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.