... for a 30.05 debit.
Comments: At or near a 52-week low. Buying the back month 90 delta and selling the front month strike that pays for all of the extrinsic in the long. (The 75C is shown at the 100 strike so that it fits on the chart).
Metrics:
Buying Power Effect: 30.05
Break Even: 105.05
Max Profit: 2.95
ROC at Max: 9.82%
50% Max: 1.48
ROC at 50% Max: 4.91%
Will generally look to take profit at 50% max and/or roll the short call at 50% max to lower my downside break even.
* -- Long Call Diagonal.
Comments: At or near a 52-week low. Buying the back month 90 delta and selling the front month strike that pays for all of the extrinsic in the long. (The 75C is shown at the 100 strike so that it fits on the chart).
Metrics:
Buying Power Effect: 30.05
Break Even: 105.05
Max Profit: 2.95
ROC at Max: 9.82%
50% Max: 1.48
ROC at 50% Max: 4.91%
Will generally look to take profit at 50% max and/or roll the short call at 50% max to lower my downside break even.
* -- Long Call Diagonal.
Trade closed manually
Money, take, run ... . Closed for a 31.04 credit; .99 ($99) profit.
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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.