Opening (IRA): USO January 17th 68 Covered Call
... for a 66.72 break even.
Comments: Dinking and doinking on USO at /CL <70/bbl.
Metrics:
Buying Power Effect/Break Even: 66.72
Max Profit: 1.38
ROC at Max: 2.07%
50% Max: .69
ROC at 50% Max: 1.04%
Will generally look to take profit at 50% max; add if I can get in at better break evens/strike prices.
Comments: Dinking and doinking on USO at /CL <70/bbl.
Metrics:
Buying Power Effect/Break Even: 66.72
Max Profit: 1.38
ROC at Max: 2.07%
50% Max: .69
ROC at 50% Max: 1.04%
Will generally look to take profit at 50% max; add if I can get in at better break evens/strike prices.
Trade closed: target reached
Closed for a 67.36 credit; .64 ($64) profit. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.