XRT ETF Bullish inclined Naked Puts 14 May Expiry
I am diversifying beyond selling puts on JETS as it seems to have had a significant bullish run.
XRT is an ETF reflecting the US retail industry, specifically the Consumer Discretionary segment. I selected them because with the pandemic optimism and the decreasing unemployment, I expect the customers to be less tight on their retail habits especially on everyday items.
etfdb.com/etf/XRT/
Sold 50 Puts @ 0.78 Strike 83
BP Block: 51K
Max Gain: Est $3,900
Touch Probability: 62%
% Distance to Strike: 8%
XRT is an ETF reflecting the US retail industry, specifically the Consumer Discretionary segment. I selected them because with the pandemic optimism and the decreasing unemployment, I expect the customers to be less tight on their retail habits especially on everyday items.
etfdb.com/etf/XRT/
Sold 50 Puts @ 0.78 Strike 83
BP Block: 51K
Max Gain: Est $3,900
Touch Probability: 62%
% Distance to Strike: 8%
Trade closed: target reached