Opening (IRA): TQQQ April 19th 52 Short Put
... for a 1.54 credit.
Comments: Adding a short put component to my TQQQ covered call (See Post Below) here on weakness.
Metrics:
Break Even/Buying Power Effect/Resulting Cost Basis In Stock: 50.46
Max Profit: 1.53/$153
ROC at Max: 3.03%
ROC at 50% Max: 1.52%
Will generally look to take profit on the covered call component at 50% max and the short put component at 50% max.
Comments: Adding a short put component to my TQQQ covered call (See Post Below) here on weakness.
Metrics:
Break Even/Buying Power Effect/Resulting Cost Basis In Stock: 50.46
Max Profit: 1.53/$153
ROC at Max: 3.03%
ROC at 50% Max: 1.52%
Will generally look to take profit on the covered call component at 50% max and the short put component at 50% max.
Bình luận:
Ooops. Horizontal ray on chart should say "April 19th 52 Short Put."
Đóng lệnh: đạt mục tiêu:
Hit 50% max today, closing for a .77 debit. .77 ($77) profit; 1.53% ROC. Out of my TQQQ position, but will probably re-up in the May monthly here shortly.
