iShares Russell 2000 ETF
Long
Updated

Opening (IRA): IWM August 18th 154 Short Put

30
... for a 1.60 credit.

Comments: Targeting the <16 delta strike in the shortest duration paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Would like higher IV to sell shorter duration in, but you can't have everything.
Trade closed: target reached
50% max hit for .80. .80 ($80) profit.

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