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2019 Trades
xhb: 12.03.18 – 03.08.19
ETF | Home Builder Fund | Status: Closed
Adjustment #9
View original trade
02.15.19
I just can't seem to get ahead on this trade. What a rally this has been. I'm forced to my up once again to reduce my This adjustment gives me a bit more as well. At this point, I'm just trying to reduce losses. With the current state of my trade I stand to make up to $1.27 back as long as the share price stays between 35 and 39. If if goes back down to the center of my I may consider the position or closing it altogether. Luckily, this position is so small that even with such an extreme move, my losses aren't so bad. I've certainly experienced much worse.
Risk Profile:
(Not to scale)
Strategy: Roll Up Put
btc 1 apr 18 37 put
sto 1 apr 18 39 put
Fill Price: $0.67 credit
Position Analysis
U/L Price: $38.74
IV: 19.8%
IVR: 20.8
Liquidity: 4/4
Position: 35/39 Inverted Strangle
POP: 0%
Cost Basis: $3.47
Risk: Undefined
BPR: $750
Max Profit: -$0.53
Max Loss: Unlimited
Target P/L: Small Loss
Extrinsic Value: $127.00
Net Delta: -33.01
Net Theta: 1.590