OPENING: SVXY SEPT 15TH 79/81 SHORT PUT VERT

NaughtyPines tarafından
Güncellendi
... for a 1.03 credit.

I put this on "on the fly" on Friday.

Basically, I'm looking to get a credit equal to max loss with these, so I put this in-the-money short put vertical on for a 1.03 credit with a buying power effect of .97 (risk one to make one) with the notion that contango* will erode the position running into expiry ... .

Notes: Will look to "money, take, run" at 50% max. Currently, you can still get into a similar play; it'll just be lower down the totem pole: the Sept 15th 74/76 is paying 1.05 at the mid with a buying power effect of .95. The underlying is fairly illiquid, so don't settle for anything less than the mid price ... .

* -- In the case of SVXY, an inverse, contango erosion causes the underlying to increase in value.
İşlem elle kapatılmış
Money, taking, running here ... Covering for a .71/contract debit. In for 1.03, out for .71, .32 ($32) profit per contract.
Beyond Technical AnalysisoptionsstrategiesshortputverticalSVXY

Feragatname