Opening (IRA): TLT September 20th 83 Short Put
... for a 1.08 credit.
Comments: Targeting the 52-week low here with a rung out in September (I've already got rungs on in April, May, June, etc.), which I think is unlikely to be touched in light of talk about the Fed cutting rates ... at some point in time.
Naturally, if I'm wrong, I'm also fine with picking up shares at a cost basis below the covered call setup I currently have on ... .
Comments: Targeting the 52-week low here with a rung out in September (I've already got rungs on in April, May, June, etc.), which I think is unlikely to be touched in light of talk about the Fed cutting rates ... at some point in time.
Naturally, if I'm wrong, I'm also fine with picking up shares at a cost basis below the covered call setup I currently have on ... .