Opening (IRA): IWM October 20th 173 Short Put
... for a 1.78 credit.
Comments: My weekly short put in the small caps exchange-traded fund, targeting the <16 delta strike in the shortest duration paying around 1% of the strike price in credit.
This is to emulate dollar cost averaging into the broad market without actually being in the stock.
Comments: My weekly short put in the small caps exchange-traded fund, targeting the <16 delta strike in the shortest duration paying around 1% of the strike price in credit.
This is to emulate dollar cost averaging into the broad market without actually being in the stock.
Trade closed: target reached:
50% max ... . .89 ($89) profit. Out of October rungs.