... for a .20 credit.
Comments: This is about as "it didn't work out" as it gets ... . Paid a 9.85 debit to get in; .20 debit to close; 9.65 ($965) loser.
... for a 23.99 debit.
Comments: Buying 2 x the 75 delta puts and selling the 50 delta put strike in the March expiry on strength here to create a synthetic -100 net delta short position with a 151.01 break even in 20+ year paper. Will start to look to take profit at 110% of what I put it on for.
... for a 14.00 debit.
Comments: Paid 12.48 to put this on during Friday's session. (See Post Below). Out today at the open for a 14.00 credit. 1.52 ($152) profit; 12.2% ROC for 3 days' "work."
A setup to take advantage of a potential rising interest rate environment without knowing exactly when rate hikes will occur.
Typically, this is set up by buying two of the back month 75 deltas and selling the front month 50 delta, such that you create a spread or diagonal with a net delta metric of around 100 (+100 if a bullish assumption spread or digaonal;...
