... for a .36 credit.

Notes: A delta hedge against my XOP position in the first expiry that pays greater than 10% of the value of the stock. Delta/theta -4.94/3.22, with 3.19 extrinsic and setup value of 10.19 versus 8.64 scratch.
Beyond Technical AnalysisdeltahedgepremiumsellingshortputXOP

Penafian