OPENING (IRA): XBI MARCH 19TH 135 SHORT PUT

SPDR Series Trust SPDR S&P Biotech ETFArca

Description

⋅ Jan 26, 2021 4:03 PM

... 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.

Trade closed manually

⋅ Mar 16, 2021 1:57 PM

Out for .17/contract with 3 days to go. 1.94 ($194) profit/contract.