OPENING: EEM MARCH 20TH 2 X 3 33/46 SHORT STRANGLE
... for a 2.00 credit.
Metrics:
Max Profit: $200/$100 at 50% max
Max Loss/Buying Power Effect: Undefined/$1120
Break Evens: 31.98/46.68
Delta/Theta: 1.51/-3.36
Notes: I had to putz a bit to accommodate skew on the call side ... . Will look to take profit at 50% max, adjust on test of side break even or on side approaching worthless to avoid its going no bid.
Metrics:
Max Profit: $200/$100 at 50% max
Max Loss/Buying Power Effect: Undefined/$1120
Break Evens: 31.98/46.68
Delta/Theta: 1.51/-3.36
Notes: I had to putz a bit to accommodate skew on the call side ... . Will look to take profit at 50% max, adjust on test of side break even or on side approaching worthless to avoid its going no bid.
評論:
Another setup check around opex: Although price has moved up a bit since putting this on, the value of the setup hasn't changed much. It's currently 2.03 at the mid, so am not going to do anything with it this cycle, particularly since neither side is in test nor approaching worthless.
交易進行:
Culling the herd some post-open: Closing this puppy here for 1.52/.48 ($48) profit.