Opening (IRA): XBI November 17th 71 Short Put
... for a .77 credit.
Comments: Targeting the shortest duration <16 delta short puts paying around 1% of the strike price in credit to emulate dollar cost averaging into the biotech exchange-traded fund.
Comments: Targeting the shortest duration <16 delta short puts paying around 1% of the strike price in credit to emulate dollar cost averaging into the biotech exchange-traded fund.
Commento:
The 71's actually at the 18 delta. I already have some October on at the 76, so I'm just adding a rung at a more favorable strike than what I currently have on.
