... for a 3.25 credit.
Comments: Targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit which (ugh) is out in October.
This is admittedly not an ideal environment in which to sell broad market premium, but will look to add on weakness and in shorter duration if I get an opportunity to do so.
Comments: Targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit which (ugh) is out in October.
This is admittedly not an ideal environment in which to sell broad market premium, but will look to add on weakness and in shorter duration if I get an opportunity to do so.
Trade closed: target reached:
Closing at >50% max for a 1.56 debit. 1.69 ($169) profit.