Opening (IRA): USO December 20th 68 Covered Call
... for a 66.48 debit.
Comments: Back into the slippery stuff with /CL trading at 70.48. Selling the -75 delta call against stock to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.
My basic approach here is to dink and donk on the underlying when /CL is at 70/bbl. or below.
Metrics:
Break Even/Buying Power Effect: 66.48
Max Profit: 1.52
ROC at Max: 2.29%
50% Max: .76
ROC at 50% Max: 1.15%
Will generally look to take profit at 50% max; roll out short call on take profit test. I'll also look to add "rungs" should I be able to do so at strikes/break evens better than what I currently have on.
Comments: Back into the slippery stuff with /CL trading at 70.48. Selling the -75 delta call against stock to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.
My basic approach here is to dink and donk on the underlying when /CL is at 70/bbl. or below.
Metrics:
Break Even/Buying Power Effect: 66.48
Max Profit: 1.52
ROC at Max: 2.29%
50% Max: .76
ROC at 50% Max: 1.15%
Will generally look to take profit at 50% max; roll out short call on take profit test. I'll also look to add "rungs" should I be able to do so at strikes/break evens better than what I currently have on.
Trade fermée: cible de profit atteinte
Hit 50% max today, closing for a 67.24 credit; .76 ($76) profit.
Clause de non-responsabilité
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.