Opening (IRA): IBIT March 21st 52 Covered Call

31 Oca

... for a 49.83 debit.

Comments: Back into IBIT, 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: 49.83/share
Max Profit: 2.17
ROC at Max: 4.35%
50% Max: 1.09
ROC at 50% Max: 2.18%

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, and/or roll out the short call if my take profit is not hit.

14 Şub

İşlem elle kapatılmış

Very nearly scratching out my most at-risk strike here, closing for a 49.77 credit; .06 ($6) loss. Still have the March 21st 49's and March 28th 45's on.