NaughtyPines

Opening (IRA): IWM May 17th 170 Short Put

Long
NaughtyPines Updated   
BATS:IWM   iShares Russell 2000 ETF
... for a 1.74 credit.

Comments: Back to short puts here, targeting the <16 delta strike paying around 1% of the strike price in credit. Just gradually building a position here at intervals.
Trade active:
Rolled the May 170 up to the May 180 for an .85 credit. Total credits collected: 2.59.
Trade closed manually:
Out for a 1.13 debit here, >50% of max of total credits collected. 1.46 ($146) profit. Down to one short put rung in broad market (IWM, QQQ, SPY) with the straggler being an IWM June 21st 169.
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.