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2019 Trades

XRT: 08.02.19 – 08.13.19

ETF | Retail Sector Fund | Status: Closed

Opening Trade

08.02.19
Selling a
in XRT to take advantage of this sudden spike in
It has been a long time since we last had even a blip in the
so I'm excited to finally get some new trades on. This trade is pretty neutral, and will profit most through the passage of time and
contraction. Looking to make 50% of max profit, so around $0.55.

Risk Profile:

(Not to scale)
Figure 1

Strategy: Short 38/43 Strangle

sto 1 sep 20 38 put
sto 1 sep 20 43 call
Fill Price: $1.10 credit

Position Analysis

U/L Price: $41.06
IV: 25.8%
IVR: 37.0
Liquidity: 4/4
Position: Short 38/43 Strangle
POP: 65%
Cost Basis: $1.10
Risk: Undefined
BPR: $640
Max Profit: $1.10
Max Loss: unlimited
Target P/L: $0.55
Break Even(s): $36.90, $44.10
Extrinsic Value: $110.00
Net Delta: -8.44
Net Theta: 2.321

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2019 Trades
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