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2019 Trades

KRE: 03.19.19 – 05.14.19

ETF | Banking Fund | Status: Closed

Adjustment #1

View original trade
03.22.19
Boy, KRE is just not a kind underlying. Having trouble staying ahead with this one. Massive selloff this week in the financial sector, and KRE is getting beat to hell. With todays huge selloff, I have no choice but to
my
down to reduce my risk. Really need a bounce back to recoup some of the damages, but if not, this call will serve better to slow further losses.

Risk Profile:

(Not to scale)
Figure 2

Strategy: Roll Down Call

btc 1 may 17 58 call
sto 1 may 17 53 call
Fill Price: $0.63 credit

Position Analysis

U/L Price: $50.06
IV: 23.5%
IVR: 28.2
Liquidity: 4/4
Position: Short 51/53 Strangle
POP: 52%
Cost Basis: $1.66
Risk: Undefined
BPR: $1290
Max Profit: $1.66
Max Loss: Unlimited
Target P/L: $0.50
Break Even(s): $49.34, $54.66
Extrinsic Value: $194.00
Net Delta: 28.56
Net Theta: 2.768

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2019 Trades
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