Opening (IRA): SPY September 20th 445 Short Put
... for a 4.64 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Was starting to get somewhat worried that we would never have decent IV again. This ain't great, but I'll take it ... . Will generally look to take profit at 50% max.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Was starting to get somewhat worried that we would never have decent IV again. This ain't great, but I'll take it ... . Will generally look to take profit at 50% max.
Сделка закрыта вручную:
.04 shy of 50% max with oodles of time to go. Closed it today for a 2.36 debit. 2.28 ($228) profit. Out of SPY rungs; will look to re-establish shortly.