OPENING: TWTR APRIL 18TH 28/36 SHORT STRANGLE
... for a .99/contract credit.
Metrics:
Max Profit: $99/contract
Max Loss/Buying Power Effect: Undefined/~$320/contract (on margin)
Break Evens: 27.01/36.99
Delta: -5.13
Theta: 2.43
Notes: Still has some fairly high implied volatility in it post-earnings. Going with a high probability of profit short strangle with strikes wide of the expected move and greater than one standard deviation break evens.
Metrics:
Max Profit: $99/contract
Max Loss/Buying Power Effect: Undefined/~$320/contract (on margin)
Break Evens: 27.01/36.99
Delta: -5.13
Theta: 2.43
Notes: Still has some fairly high implied volatility in it post-earnings. Going with a high probability of profit short strangle with strikes wide of the expected move and greater than one standard deviation break evens.
Сделка закрыта вручную:
Taking profit/reducing risk where I can: Covering for a .78/contract debit here (21.2% max; .21/$21 profit/contract) with 43 days to go.