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2019 Trades

XRT: 05.29.19 – 06.24.19

ETF | Retail Sector Fund | Status: Closed

Adjustment #1

View original trade
06.17.19
XRT has done nothing but go up much like the rest of the market the past couple weeks. Luckily, I'm just about
due to the drastic contraction in
My original
has become totally worthless, so I've decided to roll it up a few points to collect more credit, reduce my
risk, and improve my break-even on the upside. My profit target is still the same as it was originally, although with
so low I may consider taking it off much earlier. I should be able to make money if XRT stays at this level or has a down move.

Risk Profile:

(Not to scale)
Figure 2

Strategy: Roll Up Put

btc 1 jul 19 37 put
sto 1 jul 19 40 put
Fill Price: $0.25 credit

Position Analysis

U/L Price: $42.35
IV: 21.0%
IVR: 14.7
Liquidity: 4/4
Position: Short 40/42 Strangle
POP: 65%
Cost Basis: $1.33
Risk: Undefined
BPR: $860
Max Profit: $1.33
Max Loss: unlimited
Target P/L: $0.54
Break Even(s): $38.67, $43.33
Extrinsic Value: $109.00
Net Delta: -37.35
Net Theta: 2.604

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2019 Trades
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