XBI strangle
Taking advantage of okay premium in this play.
-1 Nov 20 $130 call @ $1.90
-1 Nov 20 $99 put @ $2.73
DTE: 66
Ext: $4.73
Breakevens: $94.37 and $134.63
-1 Nov 20 $130 call @ $1.90
-1 Nov 20 $99 put @ $2.73
DTE: 66
Ext: $4.73
Breakevens: $94.37 and $134.63
Note
Bullish on XBI. I rolled the $99 put up to $111 for $2.02 credit.Note
Closing the call side of this trade for $0.86.Original trade: $4.63 credit; buy back for $1.76 db; $234 profit (after comm.)
Keeping the $111 short put on right now.
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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.