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2019 Trades

fxi: 12.14.18 – 01.08.19

ETF | Chinese Equities | Status: Closed

Opening Trade

12.14.18
up over 5% today. My
and
levels were lower than I'd like them so I decided to sell this strangle in FXI for a little boost. My
was also getting a little
so I skewed it a bit to the downside. January
were not very juicy so I decided to sell in February, 63 days out. Hoping to take about $0.70 out of this over the next month or so. A
contraction should speed that up nicely as long as the price stay between my

Risk Profile:

(Not to scale)
Figure 1

Strategy: Short 38/43 Strangle

sto 1 feb 15 38 put
sto 1 feb 15 43 call
Fill Price: $1.40 credit

Position Analysis

U/L Price: $41.26
IV: 25.3%
IVR: 40.0
Liquidity: 4/4
Position: Short 38/43 Strangle
POP: 63%
Cost Basis: $1.40
Risk: Undefined
BPR: $640
Max Profit: $1.40
Max Loss: Unlimited
Target P/L: $0.70
Break Even(s): $36.60, $44.40
Extrinsic Value: $140.00
Net Delta: -11.55
Net Theta: 2.162

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2019 Trades
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