Opening (IRA): QQQ February 16t 385 Monied Covered Call
... for a 378.53 debit.
Comments:
Similar to my IWM February 16th 187 Monied Covered Call Post. (See Below).
Metrics:
Buying Power Effect/Break Even/Cost Basis: 378.53
Max Profit: 6.47 ($647)
ROC as a Function of Buying Power Effect: 1.71%
ROC at 50% Max: .85%
Generally, take profit at 50% max; roll short call down or down and out defensively on test.
Comments:
Similar to my IWM February 16th 187 Monied Covered Call Post. (See Below).
Metrics:
Buying Power Effect/Break Even/Cost Basis: 378.53
Max Profit: 6.47 ($647)
ROC as a Function of Buying Power Effect: 1.71%
ROC at 50% Max: .85%
Generally, take profit at 50% max; roll short call down or down and out defensively on test.
Dagangan ditutup: sasaran tercapai:
Opened for a 378.53 debit; closed today for a 382.30 credit. 3.77 ($377) profit.
