... for a 3.80 credit.
Comments: Targeting the <16 delta strike in the shortest duration that is paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Going out to the third quarter, since shorter duration isn't paying here. This is the only rung I have on at the moment in SPY, so will look to add at intervals, particularly if shorter duration starts to pay again.
Comments: Targeting the <16 delta strike in the shortest duration that is paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Going out to the third quarter, since shorter duration isn't paying here. This is the only rung I have on at the moment in SPY, so will look to add at intervals, particularly if shorter duration starts to pay again.
Trade closed: target reached
Out today at 50% max. $190 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.