OPENING: SLV SEPTEMBER 18TH 19.5/30.5 SHORT STRANGLE
... for a 1.08/contract credit.
Notes: High rank/implied at 57/71. Selling the 19's ... . Will look to take profit at 50% max, manage on side approaching worthless or break even test.
Notes: High rank/implied at 57/71. Selling the 19's ... . Will look to take profit at 50% max, manage on side approaching worthless or break even test.
Trade chiuso manualmente:
Closed here for .58/contract, which I'd call "close enough" with 45 days to go. Probably assisted by a volatility crush -- 71 when I put this on; 55.4% now. .50 ($50) profit per contract.