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2019 Trades
KRE: 01.08.19 – 01.31.19
ETF | Banking Fund | Status: Closed
Adjustment #3
View original trade
01.18.19
Well, I'm certainly glad I sold that yesterday. Just goes to show how important it is to suck up your ego and make the necessary adjustments KRE has rallied huge this morning, already testing my new Decided to my put creating a 51 This pushes my upside break even up another $0.41 and reduces my risk.
Risk Profile:
(Not to scale)
Strategy: Roll Up Put
btc 1 mar 15 49 put
sto 1 mar 15 51 put
Fill Price: $0.41 credit
Position Analysis
U/L Price: $53.17
IV: 23.0%
IVR: 24.7
Liquidity: 4/4
Position: Short 51 Straddle
POP: 39%
Cost Basis: $2.60
Risk: Undefined
BPR: $1000
Max Profit: $2.60
Max Loss: Unlimited
Target P/L: $0.45
Break Even(s): $48.40, $53.60
Extrinsic Value: $203.00
Net Delta: -37.91
Net Theta: 3.079