OPENING: SVXY SEPT 15TH 79/81 SHORT PUT VERT
... for a 1.03 credit.
I put this on "on the fly" on Friday.
Basically, I'm looking to get a credit equal to max loss with these, so I put this in-the-money short put vertical on for a 1.03 credit with a buying power effect of .97 (risk one to make one) with the notion that contango* will erode the position running into expiry ... .
Notes: Will look to "money, take, run" at 50% max. Currently, you can still get into a similar play; it'll just be lower down the totem pole: the Sept 15th 74/76 is paying 1.05 at the mid with a buying power effect of .95. The underlying is fairly illiquid, so don't settle for anything less than the mid price ... .
* -- In the case of SVXY, an inverse, contango erosion causes the underlying to increase in value.
I put this on "on the fly" on Friday.
Basically, I'm looking to get a credit equal to max loss with these, so I put this in-the-money short put vertical on for a 1.03 credit with a buying power effect of .97 (risk one to make one) with the notion that contango* will erode the position running into expiry ... .
Notes: Will look to "money, take, run" at 50% max. Currently, you can still get into a similar play; it'll just be lower down the totem pole: the Sept 15th 74/76 is paying 1.05 at the mid with a buying power effect of .95. The underlying is fairly illiquid, so don't settle for anything less than the mid price ... .
* -- In the case of SVXY, an inverse, contango erosion causes the underlying to increase in value.
Trading ditutup secara manual
Money, taking, running here ... Covering for a .71/contract debit. In for 1.03, out for .71, .32 ($32) profit per contract.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.