Options Idea: Sell The September 18, 2020 Put @ $1.3

ALRM seems to have stopped its downward trend. It has recovered the EMA 8 and is heading back to EMA 20 territory. I sold a Sep 18 2020 55.0 Put @ 1.3 with the idea that the uptrend will continue over the next few days or weeks.

20-ALRM-01
  • Opening Date: August 20, 2020
  • Expiration Date: September 18, 2020
  • DTE: 29
  • IV: 44%
  • IV Percentile: 37%
  • Odds of Winning: 68%
  • Win: > 53.70 @ Expiration
  • Loss: < 53.70 @ Expiration


Chart Legend
  • The green area represents 100% win zone.
  • The yellow area is a win, but we have to give back some of the initial credit taken in.
  • The red area is loss.
  • 1 SD, 2 SD, 3 SD projections from Opening Date to Expiration Date are included.
Moving Averagesoptionsoptionsellingoptionsstrategiesoptions-strategyoptionstradingputputsputsale

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