... for a .49/contract credit (late post).
Finally catching up with some of last week's trades ... .
Relatively high implied volatility after earnings (currently at 44%), going small, defined, since I'd rather keep dry powder on for something sexier (which there hasn't been much of here).
Will shoot for 50% max on this little fella ... .
Finally catching up with some of last week's trades ... .
Relatively high implied volatility after earnings (currently at 44%), going small, defined, since I'd rather keep dry powder on for something sexier (which there hasn't been much of here).
Will shoot for 50% max on this little fella ... .
Trade closed manually:
Covering here for a .29/contract debit, so a small (.20/$20/contract) winner.