Comments: Targeting the 16 delta here to emulate dollar cost averaging into the underlying at strikes slightly better than what I currently have on.
December 15th 27: 1.06 credit
January 19th 26: 1.41 credit
December 15th 27: 1.06 credit
January 19th 26: 1.41 credit
Trade closed: target reached:
Target reached as to the December 15th 27 rung. Out for .53, $53 profit.
Trade closed: target reached:
Target reached as to the January 19th 26 rung. Out for a .70 debit; .71 ($71) profit.