Opening (IRA): TNA February 21st 34 Covered Call

10 Jan

... for a 32.45 debit.

Comments: Adding at strikes better than what I currently have on, 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: 32.45/share
Max Profit: 1.55
ROC at Max: 4.78%
50% Max: .78
ROC at 50% Max: 2.39%

Will generally look to take profit at 50% max ... .

15 Jan

Dagangan ditutup: sasaran tercapai

Hit 50% max, closing for a 33.23 credit. .78 ($78); 2.39% ROC for 4 days' "work."