... for a 1.61 credit.
Comments: Targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into small caps.
This, admittedly, isn't an ideal premium-selling environment here, with 30-day at the very low end of the 52-week range, but will look to add at intervals and in shorter duration if that starts to pay again.
Comments: Targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into small caps.
This, admittedly, isn't an ideal premium-selling environment here, with 30-day at the very low end of the 52-week range, but will look to add at intervals and in shorter duration if that starts to pay again.
Trade closed: target reached
Hit 50% max today. $81 profit.
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.
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.