Opening (IRA): IBIT January 16th -47P... for a 1.36 credit.
Comments: Adding at intervals at strikes better than what I currently have on, targeting the 25 delta (ish) strike.
Metrics:
Max Profit: 1.36 ($136)
Buying Power Effect: 45.64
ROC at Max: 2.98%
Will generally look to start taking profit at 50% of max and/or roll to obtain assignment of shares at the lowest price the market will allow, after which I'll proceed to sell call against.
