OPENING (IRA): XBI MARCH 19TH 135 SHORT PUT
... for a 2.11/contract credit.
Notes: With 30-day at 37.5% and expiry-specific at 38.3%, selling a 16 delta in the March cycle (52 days). 1.59% ROC at max as a function of notional risk.
Notes: With 30-day at 37.5% and expiry-specific at 38.3%, selling a 16 delta in the March cycle (52 days). 1.59% ROC at max as a function of notional risk.
Trade closed manually:
Out for .17/contract with 3 days to go. 1.94 ($194) profit/contract.