XME - Mining & Metals
Updated
Some residual IV here from recent earnings of holdings in the ETF.
-1 Sep21 35/37 strangle for $1.72 cr.
Risk: 2x cr received or continue to roll put
Profit: 50% cr rec or if IV drops with too much time left to hold risk.
-1 Sep21 35/37 strangle for $1.72 cr.
Risk: 2x cr received or continue to roll put
Profit: 50% cr rec or if IV drops with too much time left to hold risk.
Trade closed manually
Closing this trade today for a scratch with expiration coming up, $1.71 db.
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