... for a 1.69 credit.
Comments: Selling premium in the shortest duration where the <16 strike pays around 1% of the strike price in premium.
This is less than ideal; you generally want to sell on weakness/higher IV, but am looking to keep theta on and burning. Will naturally look to add rungs in shorter duration/higher IV should the <16 strike start to pay.
Comments: Selling premium in the shortest duration where the <16 strike pays around 1% of the strike price in premium.
This is less than ideal; you generally want to sell on weakness/higher IV, but am looking to keep theta on and burning. Will naturally look to add rungs in shorter duration/higher IV should the <16 strike start to pay.
Trade closed: target reached
Hit 50% max, closing for .84. .85 ($85) 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.