Getting long homebuilders here at support.
-1 Sep21 $39 put for $.84 cr.
Risk: 2x cr received or I'll continue holding and rolling.
Profit: 50% cr received or continue to roll.
Notional Value: $3900/contract
-1 Sep21 $39 put for $.84 cr.
Risk: 2x cr received or I'll continue holding and rolling.
Profit: 50% cr received or continue to roll.
Notional Value: $3900/contract
Trade closed manually:
The IV in here has dropped, but the options have hardly moved with it because there was a ton of time left.
I'm closing this trade for a $.66 db because I don't see the risk for another 46 dte worth the holding. I may look to try a call spread on this.
I'm closing this trade for a $.66 db because I don't see the risk for another 46 dte worth the holding. I may look to try a call spread on this.