Opening (IRA): XBI March 21st 85 Covered Call
... for an 83.52 debit.
Comments: One of the only red things on my ETF board ... . Selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. Just trying to squeeze in a little more into March while the monthly options contract is in that 35 to 56 DTE window. The ROC %-age isn't what I like to see out of these (2.0% or greater), but, hey, you can't have everything ... .
Metrics:
Buying Power Effect/Break Even: 83.52
Max Profit: 1.48
ROC at Max: 1.77%
50% Max: .74
ROC at 50% Max: .89%
Comments: One of the only red things on my ETF board ... . Selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. Just trying to squeeze in a little more into March while the monthly options contract is in that 35 to 56 DTE window. The ROC %-age isn't what I like to see out of these (2.0% or greater), but, hey, you can't have everything ... .
Metrics:
Buying Power Effect/Break Even: 83.52
Max Profit: 1.48
ROC at Max: 1.77%
50% Max: .74
ROC at 50% Max: .89%
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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.