Opening: XLK February 18th 151/180 Short Strangle
... for a 2.58 credit.
Comments; Adding to my QQQ "lite" position here. Will look to take profit at 50% max, manage sides on approaching worthless/side test.
I can also conceivably mix and match sides to take profit and reduce risk, since I've not got four legs on (151P/158P/180C/185C) or take profit on the entire four leg setup at 50% max.
Comments; Adding to my QQQ "lite" position here. Will look to take profit at 50% max, manage sides on approaching worthless/side test.
I can also conceivably mix and match sides to take profit and reduce risk, since I've not got four legs on (151P/158P/180C/185C) or take profit on the entire four leg setup at 50% max.
Note
Rolling the 180 down to the 164 for a 1.81 credit. Total credits collected of 4.39.Trade active
Rolling down the 164 to the 157 for a 2.35 credit. Total credits collected of 6.74.
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.
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.