... for a 2.30/contract credit.
Metrics:
Max Profit: $230/contract
50% Max: $115/contract
Max Loss: $770/contract
Break Evens: 46.77/60/23
Notes: A little premium selling in /CL on this OVX pop. Shorties camped out at the 15 deltas. Will look to manage at 50% max, side test, and or side approaching worthless ... .
Metrics:
Max Profit: $230/contract
50% Max: $115/contract
Max Loss: $770/contract
Break Evens: 46.77/60/23
Notes: A little premium selling in /CL on this OVX pop. Shorties camped out at the 15 deltas. Will look to manage at 50% max, side test, and or side approaching worthless ... .
Trade ativo:
Adding a little bit of delta cutter camped out below the range low at 51: Oct 17th 49/50 short put vertical for a .70/contract credit. Scratch on the whole shebang at 3.00 even/contract.
Trade ativo:
Rolling the 46/47 to the 52.5/53.5 for .80/contract. Scratch at 3.80.