Opening (IRA): META August 18th 225 Short Put

... for a 2.48 credit.

Comments: A little bit more single name toward the top of my IV screener. Targeting the <16 strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the underlying without actually being in the stock.

Earnings are on July 26th, so I'll be "playing through."

Trade geschlossen: Ziel wurde erreicht:

Hit 50% max today ... . 1.24 ($124) profit.