Rolled: ARKK December 17th 135 Short Call to 114
... for a 1.27 credit.
Comments: This is the short call aspect of a December 17th short strangle. I rolled the call side down on approaching worthless to cut net delta by about half. As a standalone trade, it's short delta, but that is offset by the short put aspect's long delta, so looked at holistically, it's more of a neutral assumption setup when you look at both the short call and short put as a unit.
I originally put on the short strangle for 3.04 (See Post Below) and had a price target to take profit when it reached 50% of that or at 1.52. I'm going to keep that profit target the same by entering a good until cancelled order to take profit for 1.52 (my original target) plus what I collected for the roll -- 1.27 -- or 2.79. Put another way, I've collected a total of 3.04 + 1.27 in credits or 4.31 and 4.31 minus 1.52 (my original profit target) equals 2.79.
Comments: This is the short call aspect of a December 17th short strangle. I rolled the call side down on approaching worthless to cut net delta by about half. As a standalone trade, it's short delta, but that is offset by the short put aspect's long delta, so looked at holistically, it's more of a neutral assumption setup when you look at both the short call and short put as a unit.
I originally put on the short strangle for 3.04 (See Post Below) and had a price target to take profit when it reached 50% of that or at 1.52. I'm going to keep that profit target the same by entering a good until cancelled order to take profit for 1.52 (my original target) plus what I collected for the roll -- 1.27 -- or 2.79. Put another way, I've collected a total of 3.04 + 1.27 in credits or 4.31 and 4.31 minus 1.52 (my original profit target) equals 2.79.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.