.. for a 42.71 debit.
Comments: Since all my rungs are now out in Dec, adding one at lower break evens than what I currently have on, selling the -75 delta call against long stock to emulate a 25 delta short put, but with built-in short call defense.
Metrics:
Buying Power Effect/Break Even: 42.71
Max Profit: 4.29
ROC at Max: 10.04%
50% Max: 2.15
ROC at 50% Max: 5.02%
Comments: Since all my rungs are now out in Dec, adding one at lower break evens than what I currently have on, selling the -75 delta call against long stock to emulate a 25 delta short put, but with built-in short call defense.
Metrics:
Buying Power Effect/Break Even: 42.71
Max Profit: 4.29
ROC at Max: 10.04%
50% Max: 2.15
ROC at 50% Max: 5.02%
Trade closed manually
Taking a little risk off here by closing this for a 43.71 debit; 1.00 ($100) profit. Still have the Dec 20th 53, 58, and 68 monied covered calls on ... .
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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.