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2019 Trades

ewz: 12.24.18 – 02.27.19

ETF | Brazilian Equities | Status: Closed

Adjustment #3

View original trade
01.18.19
to March to collect an additional $1.02 in credit. I get to keep the same
while pushing my
out another dollar in both directions and reducing my
risk. If the price drops down to between $40 and $42, I will be a very happy man. If not, I have some defensive tactics I can resort too.

Risk Profile:

(Not to scale)
Figure 4

Strategy: Roll Out

btc 1 feb 15 40 call
btc 1 feb 15 42 put
sto 1 mar 15 40 call
sto 1 mar 15 42 put
Fill Price: $1.02 credit

Position Analysis

U/L Price: $43.48
IV: 31.8%
IVR: 12.2
Liquidity: 4/4
Position: Inverted 40/42 Strangle
POP: 42%
Cost Basis: $4.54
Risk: Undefined
BPR: $1000
Max Profit: $2.54
Max Loss: Unlimited
Target P/L: Scratch
Break Even(s): $37.46, $44.54
Extrinsic Value: $230.00
Net Delta: -39.00
Net Theta: 3.394

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2019 Trades
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