back

2019 Trades

xli: 08.15.19 – 08.26.19

ETF | Industrial Fund | Status: Closed

Closing Trade

View original trade
08.26.19
My XLI
has accumulated a nice profit in the 11 days I've had it. Though it hasn't quite reached my profit target but it's only $0.12 away and the
is now completely
My trading
would have me
or closing this position by Friday anyways, so I've decided not to risk my profits. Instead, I will close this position now, and establish a new, wider strangle in October. This way I can collect more
maintain my
and continue to profit from any
contractions. I also lock in profit and improve my

Strategy: Close Position

btc 1 sep 20 68 put
btc 1 sep 20 77 call

Fill Price: $0.72 debit

Position Analysis

U/L Price: $73.61
IV: 24.4%
IVR: 30.6
Liquidity: 4/4

Final P/L: $0.48 Profit

back

2019 Trades