Opening (IRA): TQQQ April 17th 60 Covered Call

25 Şub

... for a 57.91 debit.

Comments: Adding at strikes better than what I currently have on ... . Here, going lower net delta by selling the -84 call against shares to emulate the delta metrics of a 2 x expected move 16 delta short put, but with the built-in defense of the short call.

Metrics:

Buying Power Effect/Break Even: 57.91/share
Max Profit: 2.09
ROC at Max: 3.61%
50% Max: 1.05
ROC at 50% Max: 1.82%

Will generally look to take profit at 50% max, add at intervals if I can get in at strikes better than what I currently have on, and/or roll out short call if my take profit is not hit.

10 Mar

Not

Rolling the April 17th 60 down and out to the June 20th 56 for a 5.16 credit; 52.75 break even.

1 Nis

Not

Reducing long delta ... . Rolling the in-profit -56C down to the -53C for a 1.14 credit; 51.61 break even.

5 Nis

İşlem elle kapatılmış

Posting the rest of my Friday losers: Closed for a 40.88 credit; 10.73 loser.