OPENING: XLE JUNE 19TH 30 SHORT PUT

2020年4月28日

... for a 1.06 credit/contract.

Notes: With rank/implied at 47/57, going bullish assumption here with the notion that oil prices recover somewhat as COVID-related restrictions lift. My general go-to is short strangle, but didn't want to get whipped on the call side if the recovery is dramatic.

2020年5月8日

交易進行

With the 30 short put valued at .47 here, taking a realized profit of .59 ($59)/contract, not by closing out the position entirely, but by rolling out to the July 29 strike for a .30/contract credit. Bringing in additional credit, while reducing risk and buying power effect slightly. Total credits collected of 1.36.

2020年5月21日

手動結束交易

Out today for .46/contract, .90 ($90) profit/contract.