Opening (IRA): IWM January 21st 188 Short Put

... for a 3.20 credit.

Comments: Selling 16 delta premium in the broad market exchange-traded fund with the highest 30-day, which is IWM, at 41.5%. I wanted to use the January 14th expiry (42 days until expiry), but the lowest strike available there was the 193, so went out to the monthly instead.
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Penafian