Max Profit: $510 Max Loss: $4490 Break Even: 3334.90 Delta/Theta: 2.6/6.75 ROC: 11.4% at max; 5.7 at 50% max; 83.22% annualized at max; 41.61 at 50% max. Probability of Profit: 87%
Notes: A 10%-er in the expiry nearest 45 days in duration, opened late in the session. For smaller accounts, consider selling a short put vertical in SPY where the credit received is at least 10% of the width of the spread.
Trade closed manually
Calling it "close enough" here. Closing for 2.70 at the open, 2.40 ($240) profit.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.