Opening (IRA): XOP September 15th 110 Short Put
... for a 1.11 credit.
Comments: Selling premium in one of the exchange-traded funds at the top of my IV screener with a 30-day at 32.2% -- more than twice that of the broad market. (The others are GDXJ, at 35.2%; GDX, 31.2%; and EWZ and FXI, both at 29.1%).
As with my broad market plays, targeting the <16 delta strike in the shortest duration paying around 1% of the strike price in credit.
On a side note: My goals as primarily a premium seller are really simple: put on a given amount of theta/risk premium on a weekly basis, with my preference being for selling premium in (a) broad market exchange-traded funds; (b) sector exchange-traded funds; and (c) single name, in that order. Broad market is kind of sucking a bit here with SPY at 13.6% 30-day IV, QQQ at 20.0%, and IWM at 19.9%, so just looking for a little bit of extra "sumthin' sumthin'" to keep that theta pile on and burning.
Comments: Selling premium in one of the exchange-traded funds at the top of my IV screener with a 30-day at 32.2% -- more than twice that of the broad market. (The others are GDXJ, at 35.2%; GDX, 31.2%; and EWZ and FXI, both at 29.1%).
As with my broad market plays, targeting the <16 delta strike in the shortest duration paying around 1% of the strike price in credit.
On a side note: My goals as primarily a premium seller are really simple: put on a given amount of theta/risk premium on a weekly basis, with my preference being for selling premium in (a) broad market exchange-traded funds; (b) sector exchange-traded funds; and (c) single name, in that order. Broad market is kind of sucking a bit here with SPY at 13.6% 30-day IV, QQQ at 20.0%, and IWM at 19.9%, so just looking for a little bit of extra "sumthin' sumthin'" to keep that theta pile on and burning.
Dagangan ditutup: sasaran tercapai
Hit 50% max, closing for .55. .56 ($56) profit/contract.
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.