Opening (IRA): XBI December 15th 63 Short Put Long

SPDR Series Trust SPDR S&P Biotech ETFArca

Description

⋅ Sep 22, 2023 4:21 PM

... for a .70 credit.

Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit. Basically, just building a position here on this weakness.

Trade closed: target reached

⋅ Nov 15, 2023 11:51 PM

Hit 50% max today, closing for a .35 debit. .35 ($35) profit. Still have the January 19th 70 short put on ... .