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Ronin_trader
Oct 31, 2022 11:32 AM

ICLN Bearish inclined naked calls 18 Nov expiry Short

iShares Global Clean Energy ETFNASDAQ

Description

  • Whats The Plan/Trade/Thought
  • ICLN is an ETF filled with companies that will rely heavily on bank loans to operate, this would probably result in accelerated dips with the increasing interest rates

    Risk Mitigation
  • I see 19.70 as my indicator that my direction is wrong and I should exit

    Can You Trade The Opposite Side (Y/N)
  • N

    Trade Specs
  • Sold 260 Calls @ 0.15
  • Strike 20.5
  • 8.75% to Strike
  • BP Used: 53k
  • Max Gain: 3900

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