Direxion Small Cap Bull 3X Shares
Panjang
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Opening (IRA): TNA April 17th 29 Covered Call

32
... for a 28.28 debit.

Comments: Adding at strikes better than what I currently have on. Selling the -84 delta call against shares to emulate the delta metrics of a 16 delta short put, but with the built-in defense of the short call.

Metrics:

Buying Power Effect/Break Even: 28.28/share
Max Profit: .72
ROC at Max: 2.55%
50% Max: .36
ROC at 50% Max: 1.28%

Will generally look to take profit at 50% max, add at intervals assuming I can get in at strikes better than what I currently have on, roll out short call in the event my take profit is not hit.
Nota
Rolling the in-profit, > 50% max short call out and a little down to the May 16th 28 for a 1.42 credit; 26.86 break even.
Nota
Reducing long delta by rolling the in-profit -28C down to the -27C for a .53 credit; 26.33 break even.
Dagangan ditutup secara manual
Posting the rest of my Friday losers: Closed for a 20.30 credit; 6.03 loser.

Penafian

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