Keeping with the short term engagement trade theme here while I wait for some volatility to sell premium in something ... anything ... (currently, there is no fairly liquid underlying with an implied volatility rank of greater than 70 to work).
Metrics:
Probability of Profit: 58%
P50: 77%
Max Profit: $310/contract
Max Loss/Buying Power Effect: $690/contract
Theta: 8.99/contract
Delta: -3.62/contract
Notes: I'll look to take this off at 50% max profit or earlier if something pops to the forefront with decent volatility ... .
Metrics:
Probability of Profit: 58%
P50: 77%
Max Profit: $310/contract
Max Loss/Buying Power Effect: $690/contract
Theta: 8.99/contract
Delta: -3.62/contract
Notes: I'll look to take this off at 50% max profit or earlier if something pops to the forefront with decent volatility ... .
