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NaughtyPines
Dec 8, 2020 4:06 PM

OPENING (IRA): EWZ FEBRUARY 19TH 31 SHORT PUT 

iShares Inc iShares MSCI Brazil ETFArca

Description

... for a .72/contract credit.

Notes: Continuing to establish some new positions in 2021. January has gone a little bit short duration (38 days), so starting out in February. Will add on in weakness and/or if implied stays up there (30-day is currently 38.0%; expiry-specific at 40.3%). ROC: 2.38% at max; 11.75% annualized at max.

Trade closed manually

Out today for .10 with 16 days to go. .62 ($62) profit/contract; 1.98% ROC.
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