... for a 1.59 credit.
Comments: High IVR; back in range of 52-week lows. Working both ends of the stick in 20 year+ paper with a covered call on one end of the stick, short puts on the other ... .
Metrics:
Buying Power Effect: 82.41/contract
Max Profit: 1.59
ROC at Max: 1.93%
50% Max: .80
ROC at 50% Max: .96%
Since I want to potentially pick up additional shares at a lower price, I will run this to expiry or approaching worthless (e.g., .05).
Comments: High IVR; back in range of 52-week lows. Working both ends of the stick in 20 year+ paper with a covered call on one end of the stick, short puts on the other ... .
Metrics:
Buying Power Effect: 82.41/contract
Max Profit: 1.59
ROC at Max: 1.93%
50% Max: .80
ROC at 50% Max: .96%
Since I want to potentially pick up additional shares at a lower price, I will run this to expiry or approaching worthless (e.g., .05).
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Disclaimer
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.