Opening (Margin): /CL March 16th 37 Short Put

Aggiornato
... for a 1.60 credit.

Comments: Selling /CL premium on weakness, but giving myself plenty of room to be wrong, targeting the strike that is 50% of current price that has an ROC metric of >10%. 1.60 credit on buying power effect of 9.71. 16.5% ROC as a function of buying power effect; 8.2% at 50% max.
Trade chiuso manualmente
Closed today for a 1.10 debit. .50/$50 profit. Lightening up positions running into year end ... .
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