Opening (IRA): QQQ August 16th 380 Short Put
... for a 4.00 credit.
Comments: Starting to round out my Q3 rungs here on weakness and higher IV, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Comments: Starting to round out my Q3 rungs here on weakness and higher IV, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Trade closed: target reached:
Hit 50% max; out for a 2.00 debit. 2.00 ($200) profit.