... for a 4.47 credit.
Comments: Had to go out to April here to get paid what I'm looking for, which is no surprise with VIX at 52-week lows.
Targeting the shortest duration <16 delta put paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Will naturally look to add in shorter duration should we get a sell-off and/or up-tick in IV that makes that worthwhile.
Comments: Had to go out to April here to get paid what I'm looking for, which is no surprise with VIX at 52-week lows.
Targeting the shortest duration <16 delta put paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Will naturally look to add in shorter duration should we get a sell-off and/or up-tick in IV that makes that worthwhile.
Trade closed manually
Global Close: Closed for a 2.58 debit. 1.89 ($189) winner.Disclaimer
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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.