... for a 196.80 debit.
Comments: Re-upping with a monied covered call in the October 18th cycle. I left some money on the table by taking profit early. However, I don't want to be as aggressive as I usually am from a delta standpoint, since I already made money in the cycle, albeit after somewhat of a rollercoaster July/August.
Instead of selling the -75 delta call against as I usually do, I'm selling the -84 against, resulting in a net delta metric of around 16. The 16 delta strike is associated with 2 x the expected move, which is why I'm choosing that short call strike ... .
Metrics:
Buying Power Effect/Break Even: 196.80
Max Profit: 2.20
ROC at Max: 1.12%
50% Max: 1.10
ROC at 50% Max: .56%
I'll generally look to take profit at 50% max; roll in-profit short call out if and when the setup converges on +30 delta.
Comments: Re-upping with a monied covered call in the October 18th cycle. I left some money on the table by taking profit early. However, I don't want to be as aggressive as I usually am from a delta standpoint, since I already made money in the cycle, albeit after somewhat of a rollercoaster July/August.
Instead of selling the -75 delta call against as I usually do, I'm selling the -84 against, resulting in a net delta metric of around 16. The 16 delta strike is associated with 2 x the expected move, which is why I'm choosing that short call strike ... .
Metrics:
Buying Power Effect/Break Even: 196.80
Max Profit: 2.20
ROC at Max: 1.12%
50% Max: 1.10
ROC at 50% Max: .56%
I'll generally look to take profit at 50% max; roll in-profit short call out if and when the setup converges on +30 delta.
تم فتح الصفقة
As with my QQQ and SPY, rolling the in-profit short call down and out to the November 15th 193 for a 7.14 credit (a credit that exceeds the amount of strike destruction). 189.66 break even; 3.34 max; 1.76% ROC at max; net delta 19.61.ملاحظة
9/25 Dividend: $0.752193/share; $75.22/one lot. 188.91 break even (incl. dividends).تم إغلاق الصفقة يدويًا
Closed for a 191.28 credit; 1.62 ($163) profit; 2.37 ($237) with dividends.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.