Opening (IRA): SMH July 19th 165 Short Put
... for a 1.69 credit.
Comments: High IVR/IV at 78.9/34.5. Adding a rung out in July to my SMH position, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the semiconductor ETF.
Generally, will look to take profit on the short put at 50% max.
Comments: High IVR/IV at 78.9/34.5. Adding a rung out in July to my SMH position, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the semiconductor ETF.
Generally, will look to take profit on the short put at 50% max.
Trade chiuso manualmente:
Closed for an .85 debit; .84 ($84) profit. Still have the June 180 on ... .