EEM - Emerging Markets

By Benji
Updated
EM are big right now, so is the IV behind them.

Sold -1 Oct19 $43 put for $1.32

Risk: 2x cr received or possibly continue to roll out if the allocation deems worth it.
Profit: 50% cr received or roll up as EM recover. EEM has proven to shrink back down to low IV quickly, so that might not be the best play.
Trade closed manually
Ugly gap this morning, closing this trade out for $100 loss.
optionsoptionstradingoptionstrategyTrend Analysis

Related publications

Disclaimer