... for a 47.78 debit.
Comments: High IVR/IV. Selling the -75 call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 47.78
Max Profit: 1.22
ROC at Max: 2.55%
50% Max: .61
ROC at 50% Max: 1.28%
Will generally look to take profit at 50% max, add at intervals (assuming I can get in at a break even better than what I currently have on), and/or roll out the short call in the event take profit is not hit.
Comments: High IVR/IV. Selling the -75 call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 47.78
Max Profit: 1.22
ROC at Max: 2.55%
50% Max: .61
ROC at 50% Max: 1.28%
Will generally look to take profit at 50% max, add at intervals (assuming I can get in at a break even better than what I currently have on), and/or roll out the short call in the event take profit is not hit.
Trade closed manually
Closed for a 48.41 credit; .63 ($63) profit; 1.32% ROC for 3 days' "work."
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Disclaimer
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.