iShares MSCI Brazil ETF
Long
Aktualisiert

OPENING: EWZ AUG 17TH 35 SHORT STRADDLE

151
... for a 2.97/contract credit.

Metrics:

Max Loss/Buying Power Effect: Undefined/~$670/contract
Max Profit: $297/contract
Break Evens: 32.03/37.97
Theta: 3.15
Delta: 30.73 (Neutral to Bullish)

Notes: Here, I'm looking to emulate the delta of a naked 30 delta short put (paying ~.70/contract currently), but bringing in the beefier credit and extrinsic value of a short straddle. Looking to take this off for the lesser of 10% of buying power effect (~.67) or 25% of max (~.74).
Anmerkung
Rolled out to Sept for a 1.18/contract credit earlier in the week to keep the short straddle at 30 delta; scratch at 3.96. Of course, since then, it's moved up to end the week at 9.44 long. Naturally, you never know if it's going to keep going or bounce, so better safe ... .
Trade ist aktiv
Correction: Cost basis = 1.18 + 2.97 = 4.15.
Trade wurde manuell geschlossen
Covering here for a 3.95/contract debit/small winner to sell something closer in time.

Haftungsausschluss

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