... for a 1.87 credit.
Notes: Here, a continuation of a longer term play I established at the beginning of the year. (See Post Below). With the 331 at >50% max and >45 days to go, rolling up to the 360 strike (17 delta) for both a realized gain and a credit. Total credits collected of 8.08 versus current short put value of 3.60; total realized gain: 8.08 - 3.60 = 4.48 ($448).
Notes: Here, a continuation of a longer term play I established at the beginning of the year. (See Post Below). With the 331 at >50% max and >45 days to go, rolling up to the 360 strike (17 delta) for both a realized gain and a credit. Total credits collected of 8.08 versus current short put value of 3.60; total realized gain: 8.08 - 3.60 = 4.48 ($448).
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