... for a .95 credit.
I really wanted to go with the highest implied volatility broad index exchange-traded fund (SPY, IWM, QQQ, DIA), 45 days until expiration, but the bid/asks were wide on both IWM and QQQ in the Sept 1st expiry, so went with SPY instead, which had a much tighter bid/ask. The short options here are set up around the 30 delta, so I'm somewhat surprised at the low probability of profit metric, which ordinarily would be around 50% ... . Will look to take profit at 50% max.
Metrics:
Probability of Profit: 43%
Max Profit: $95/contract
Max Loss: $205/contract
Break Evens: 240.05/249.95
Delta: -2.57
Theta: .88
I really wanted to go with the highest implied volatility broad index exchange-traded fund (SPY, IWM, QQQ, DIA), 45 days until expiration, but the bid/asks were wide on both IWM and QQQ in the Sept 1st expiry, so went with SPY instead, which had a much tighter bid/ask. The short options here are set up around the 30 delta, so I'm somewhat surprised at the low probability of profit metric, which ordinarily would be around 50% ... . Will look to take profit at 50% max.
Metrics:
Probability of Profit: 43%
Max Profit: $95/contract
Max Loss: $205/contract
Break Evens: 240.05/249.95
Delta: -2.57
Theta: .88
Dagangan ditutup secara manual
Covering here for a .98 db (.03/$3 loss). Rotating into low vol setups.
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.