Opening (IRA): QQQ October 20th 319 Short Put
... for a 3.27 credit.
Comments: Targeting the <16 delta short put in the shortest duration that's paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Comments: Targeting the <16 delta short put in the shortest duration that's paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Trade closed: target reached:
Hit 50% max ... . Closed for a 1.63 debit. 1.64 ($164) profit.