$DAL 16% Profit for 16 days? Not bad. #nakedput #daytrading

2 déc. 2021

Dealta Airlines correction, playing out with naked put option.

Reasons:
- high reward for next monthly expiry (mangeable with rolling) -> collecting credit
- breakeven point is far
- RSI is oversold.

Max profit: $92
Probability of 50%Profit: 78%
Profit Target relative to my Buying Power: 16%


Req. Buy Power: $558 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 96 (very high)
Expiry: 16 days

SETUP: NAKED PUT for DAL, because IVR is high, for 0.92cr
* Sell 1 DAL DEC17'32 PUT

Management: ROLLING if daily candle is closing below of BE.

Take profit strategy: 50% of max.profit in this case with auto buy order at 0.46db

Of course I'll not wait until expiry in any case!


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2 déc. 2021

Trade fermée: cible de profit atteinte

50% of full profit, target reached.
I've collected 8% profit realtive to my buying power in one day.
Price moved up and IVR lower.
Nice naked put trade, I like these.