Opening (IRA): TAN August 20th 75 Short Put

AMEX:TAN   Invesco Solar ETF
... for a 1.32/contract credit.

Comments: One of the exchange-traded funds that still has a 30-day implied of greater than 35% here (it's 38.8% at the moment) with expiry-specific at 40 .3%. Unfortunately, it doesn't line up fantastically with price action; the strike is above the previous swing low around 68. However, I'm fine with taking assignment if that happens and proceeding to sell call against.