OPENING (IRA): BA MARCH 19TH 170 SHORT PUT

2 Şub 2021

... for a 2.91 credit.

Notes: The highest 30-day IV Dow component at 47.1% and expiry-specific at 51.6% and with earnings in the rear view mirror. Still have a February 170 on, which I am running to approaching worthless. 1.74% ROC at max as a function of notional risk.

23 Şub 2021

İşlem aktif

With .89 left in the 170 with 24 days to go, rolling out to the April 16th 175 (~15 delta) in lieu of waiting for the 170 to approach worthless and/or adding contracts. Realized gain: 2.02; 2.31 credit on roll; total credits collected of 5.22. 30-day remains decent here at 49.7%. ROC now at 3.07% at max as a function of notional risk.

16 Mar 2021

İşlem elle kapatılmış

Taking profit here even though it still has some extrinsic left in it. Closing for .51. Total credits collected of 5.22 - .51 = 4.71 ($471) net profit.