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NaughtyPines
Feb 24, 2023 3:15 PM

Opening (IRA): IWM April 21st 167 Short Put Long

iShares Russell 2000 ETFArca

Description

... for a 1.74 credit.

Comments: Adding rungs in broad market here on this weakness, targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.

Trade active

Taking off a smidge of risk running into FOMC. Closed for an .89 debit; .85 ($85) profit.
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