Opening (IRA): IWM July 21st 150 Short Put

... for a 1.48 credit.

Comments: Targeting the <16 delta strike in the shortest duration paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. IVR/IV isn't fabulous here at 1/22.7%, but will look to add in shorter duration and/or at better strikes in higher IV should we get it at some point.

Trade fechado: objetivo atingido:

Hit 50% max today ... . $74 profit.