... for a 1.95 credit.
Comments: Selling an additional call against my badly inverted NVDA short strangle to flatten net delta. Total credits collected of 72.43 on a 60-wide inverted. Delta/theta 9.34/37.57; 16.26 extrinsic.
I'll look to adjust the extra short call going forward via roll if necessary, since I can't do much currently with the inverted, both sides of which are in-the-money. Conversely, I'll look to sell a put against the 290 if the underlying whips back the other way. This seemed like the best and simplest option among my choices, which were to roll the short call deeper into the money, short stock, or do some other short delta setup (e.g., a skewed straddle or strangle with similar short delta metrics) to allow for theta in the setup to decay in relatively flat delta.
Fortunately, I don't exactly have tons going on in the margin account right now, so I'm okay with tying up the additional buying power to give me a shot a scratching this beast out in this cycle.
Comments: Selling an additional call against my badly inverted NVDA short strangle to flatten net delta. Total credits collected of 72.43 on a 60-wide inverted. Delta/theta 9.34/37.57; 16.26 extrinsic.
I'll look to adjust the extra short call going forward via roll if necessary, since I can't do much currently with the inverted, both sides of which are in-the-money. Conversely, I'll look to sell a put against the 290 if the underlying whips back the other way. This seemed like the best and simplest option among my choices, which were to roll the short call deeper into the money, short stock, or do some other short delta setup (e.g., a skewed straddle or strangle with similar short delta metrics) to allow for theta in the setup to decay in relatively flat delta.
Fortunately, I don't exactly have tons going on in the margin account right now, so I'm okay with tying up the additional buying power to give me a shot a scratching this beast out in this cycle.
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.
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.