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NaughtyPines
Apr 21, 2023 1:59 PM

Opening (IRA): IWM August 18th 143 Short Put Long

iShares Russell 2000 ETFArca

Description

... for a 1.46 credit.

Comments: Starting to build out my short put ladder into the third quarter, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into small caps.

Trade closed: target reached

Hit 50% max today ... . In for 1.46; out for .73. .73 ($73) profit.
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