OPENING: EWZ JUNE 19TH 39/54 SHORT STRANGLE
... for a 1.46 credit.
Notes: Going out to the first expiry in which the at-the-money short straddle pays greater than 10% of the stock price and selling the 16's with the intent to potentially do additive delta adjustments over time.
From a portfolio-wide perspective, I have a good sprinkling of longer-dated core exchange-traded fund positions to start out the year: some SPY, SMH, XBI, and XOP, around which I'll play single name from time to time, as well as my standard short volatility stuff in VIX, VXX, and UVXY.
Notes: Going out to the first expiry in which the at-the-money short straddle pays greater than 10% of the stock price and selling the 16's with the intent to potentially do additive delta adjustments over time.
From a portfolio-wide perspective, I have a good sprinkling of longer-dated core exchange-traded fund positions to start out the year: some SPY, SMH, XBI, and XOP, around which I'll play single name from time to time, as well as my standard short volatility stuff in VIX, VXX, and UVXY.
การซื้อขายยังคงดำเนินอยู่:
Selling the June 35/52 10 delta P/16 delta C short strangle to delta under hedge for a .95 credit. Delta/theta 4.67/2.27; position value of 2.32 versus 2.41 scratch.
ปิดการเทรด ด้วยตนเอง:
Closing here for 1.98, a .43 ($43)/contract winner.
