Opening (IRA): TMF May 17th 39 Covered Call

120
... for a 38.06 debit.

Comments: Along with TLT, one of the only red things on my ETF board. Doing a starter position here, selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.

Metrics:

Buying Power Effect/Break Even: 38.06/share
Max Profit: .94
ROC at Max: 2.47%
50% Max: .47
ROC at 50% Max: 1.24%

Will generally look to take profit at 50% max, add at intervals if I can get in at strikes/break evens better than what I currently have on, and/or roll out the short call at 50% max.
Dagangan ditutup: sasaran tercapai
Closed for a 38.44 credit; .38 ($38) profit. 1% ROC. About the only thing that hasn't been totally screwed here ... .

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.