Opening (IRA): IWM July 19th 190 Short Put
... for a 2.33 credit.
Comments: Targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. (This is actually at the 18 delta, but it was either the 190 or the 185 where I wanted to pitch my tent from a delta standpoint).
Starting to slowly deploy third quarter rungs here in broad market (IWM, QQQ, SPY) while I piddle around with shorter duration higher IV sector ETF stuff.
Comments: Targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. (This is actually at the 18 delta, but it was either the 190 or the 185 where I wanted to pitch my tent from a delta standpoint).
Starting to slowly deploy third quarter rungs here in broad market (IWM, QQQ, SPY) while I piddle around with shorter duration higher IV sector ETF stuff.
Trade chiuso manualmente:
Closed for a 2.06 debit; .27 ($27) winner. My last rung in IWM ... .