OPENING (IRA): IRA HYG PUT LADDER
Updated
.. for a 5.65 credit.
Notes: Here, looking to acquire HYG lower, if at all, to potentially replace some lower-yielding TLT that is at all-time-highs.
Not as liquid as I would have liked, in spite of the fact that 30 million shares traded hands so far today.
Notes: Here, looking to acquire HYG lower, if at all, to potentially replace some lower-yielding TLT that is at all-time-highs.
Not as liquid as I would have liked, in spite of the fact that 30 million shares traded hands so far today.
Trade active
The April rung expires worthless here. Will consider adding a rung back in on weakness.Trade active
Post-mopex, adding in some July 16 delta at the 67 strike for 1.30. Total credits collected of 6.95.Trade active
Pulling off the May 72 for .08, leaving me with the June 71 and July 67's. With 30-day IV at 25%, will wait to re-up rungs. Total credits collected of 6.87.Trade active
Out of the June 71's for .19, leaving me with the July 67's.Note
Scratch at 6.68.Trade closed manually
And out of the July 67's for .25. Made 6.43 ($643) total per contract.
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