Opening (IRA): XBI February 28th 82 Covered Call
... for an 80.54 debit.
Comments: Adding to my position at a strike/break even better than what I currently have on. Going with the February 28th, since the March monthly remains someone long in duration.
Metrics:
Buying Power Effect/Break Even: 80.54/share
Max Profit: 1.46
ROC at Max: 1.81%
50% Max: .73
ROC at 50% Max: .92%
Will generally look to take profit at 50% max, roll out short call on take profit test.
Comments: Adding to my position at a strike/break even better than what I currently have on. Going with the February 28th, since the March monthly remains someone long in duration.
Metrics:
Buying Power Effect/Break Even: 80.54/share
Max Profit: 1.46
ROC at Max: 1.81%
50% Max: .73
ROC at 50% Max: .92%
Will generally look to take profit at 50% max, roll out short call on take profit test.
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