... for a 3.00 credit.
Comments: Rerunning the far out-of-the-money short put in /ES. 3.00 credit/1.50 max on buying power of 23.98. 6.3% ROC at max as a function of buying power effect; 3.1% at 50% max. As previously noted, it routes for a 3.00 credit, but its max is only half of that or 1.50 ($150). Will look to take profit at 50% max.
Comments: Rerunning the far out-of-the-money short put in /ES. 3.00 credit/1.50 max on buying power of 23.98. 6.3% ROC at max as a function of buying power effect; 3.1% at 50% max. As previously noted, it routes for a 3.00 credit, but its max is only half of that or 1.50 ($150). Will look to take profit at 50% max.