'Jade Dragon' trade idea for 1/13/23 expiration.
Short put + call credit spread, such that the premium from the put sold covers the max loss of the call spread, hence no risk to upside.
*$66 credit with price above $32 (once call spread is closed for $100 debit).
*Assignment to buy 100 shares @ $25 per share if share price is below $25 on expiration. In which case the share cost basis would be $23.34, (which is 15% lower than current price as of 12/9/22). If assigned, the next step would be to sell calls at strikes above $24 until assigned to sell.
*Trade based on the hope/assumption that RIVN is down at support and is probably not going to take off to infinity anytime soon (or at least not in the next 30 days!).
Short put + call credit spread, such that the premium from the put sold covers the max loss of the call spread, hence no risk to upside.
*$66 credit with price above $32 (once call spread is closed for $100 debit).
*Assignment to buy 100 shares @ $25 per share if share price is below $25 on expiration. In which case the share cost basis would be $23.34, (which is 15% lower than current price as of 12/9/22). If assigned, the next step would be to sell calls at strikes above $24 until assigned to sell.
*Trade based on the hope/assumption that RIVN is down at support and is probably not going to take off to infinity anytime soon (or at least not in the next 30 days!).
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.