... for a 1.37 credit.
Comments: With this contract at greater than 50% max, rolling down and out for a realized gain of what I put it on for (2.01) (See Post Below) minus its current value (.79) or 1.22 ($122) credit. Going with the expiry nearest 45 days until expiry/16 delta strike. Total credits collected of 2.10 + 1.37 = 3.47.
Were I not to have been able to strike improve and receive a credit, I would've probably just left it alone another week and added a unit instead. By rolling it out, I (a) realize a gain; (b) receive a credit (reducing my cost basis further), (c) move the strike away from where the underlying is currently trading, thereby reducing buying power effect slightly; (d) diminish risk by being a strike further away from at-the-money; and (e) keep buying power free for "the next one" (although implied volatility is pretty decent here at 27.8%).
Comments: With this contract at greater than 50% max, rolling down and out for a realized gain of what I put it on for (2.01) (See Post Below) minus its current value (.79) or 1.22 ($122) credit. Going with the expiry nearest 45 days until expiry/16 delta strike. Total credits collected of 2.10 + 1.37 = 3.47.
Were I not to have been able to strike improve and receive a credit, I would've probably just left it alone another week and added a unit instead. By rolling it out, I (a) realize a gain; (b) receive a credit (reducing my cost basis further), (c) move the strike away from where the underlying is currently trading, thereby reducing buying power effect slightly; (d) diminish risk by being a strike further away from at-the-money; and (e) keep buying power free for "the next one" (although implied volatility is pretty decent here at 27.8%).
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.
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.