OPENING: AMD JULY 17TH 44 SHORT PUT
... for a 1.13/contract credit.
Notes: Out of my monied covered call in the IRA for "decent" earlier today; back into it in the margin for a "classic" wheel trade in that ~45 days 'til expiry wheelhouse. Perennially decent implied (currently at 54.5%), good options liquidity, and affordable share price make this underlying ideal for short put/acquire/cover trading.
Notes: Out of my monied covered call in the IRA for "decent" earlier today; back into it in the margin for a "classic" wheel trade in that ~45 days 'til expiry wheelhouse. Perennially decent implied (currently at 54.5%), good options liquidity, and affordable share price make this underlying ideal for short put/acquire/cover trading.
Trade wurde manuell geschlossen:
Closing this out for a .41 debit/contract with 31 days to go; .72 ($72) profit per contract; 64% max. 30-day IV still decent here at 58%, rank at 24, July ATM short straddle paying 12.01% of the stock price.