NaughtyPines

OPENING: ROKU MARCH 20TH 110/190 SHORT STRANGLE

NaughtyPines Updated   
NASDAQ:ROKU   Roku, Inc.
... for a 6.21 credit.

Metrics:

Max Profit: $621
Max Loss/Buying Power Effect: Undefined/14.17
Credit Received/Buying Power Effect: 43.8%
Delta/Theta: -1.70/23.14

Notes: Earnings in 2 with high implied volatility rank/implied volatility at 76/88. There is call side skew here, which you may want to accommodate via ratio'd strangle or double double if you go defined risk (e.g., the 2 x 105/2 x 110/170/180 for 3.50-ish).
Trade closed manually:
Oooops (but a good oops). Meant to enter an order to close this at 50% max, but will take greater than that instead. Closed for 2.80, 3.41 ($341) profit; 55% max.
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