Opening (IRA): XBI January 17th 89 Covered Call
Updated
... for an 87.50 debit.
Comments: Adding at strikes/break evens better than what I currently have on ... . The ROC metrics aren't what I generally like to see out of these (2.0% or greater), but it's shorter duration than my usual wheelhouse (45 DTE) ... .
Metrics:
Buying Power Effect/Break Even: 87.50
Max Profit: 1.50
ROC at Max: 1.71%
50% Max: .75
ROC at 50% Max: .86%
Will generally look to take profit at 50% max.
Comments: Adding at strikes/break evens better than what I currently have on ... . The ROC metrics aren't what I generally like to see out of these (2.0% or greater), but it's shorter duration than my usual wheelhouse (45 DTE) ... .
Metrics:
Buying Power Effect/Break Even: 87.50
Max Profit: 1.50
ROC at Max: 1.71%
50% Max: .75
ROC at 50% Max: .86%
Will generally look to take profit at 50% max.
Trade closed manually
Closed for an 88.04 credit; .54 ($54) profit. Still have the February 21st 85's and 90s on.
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