back

2019 Trades

KRE: 01.31.19 – 03.07.19

ETF | Banking Fund | Status: Closed

Adjustment #3

View original trade
02.19.19
to April to reduce my
improve my
and increase my max profit potential. KRE's
is drying up, so rolling this trade was not an easy feat. It took a while, and a lot of
to finally find a price that

Risk Profile:

(Not to scale)
Figure 4

Strategy: Roll Out

btc 1 mar 15 54 call
btc 1 mar 15 55 put
sto 1 apr 18 54 call
sto 1 apr 18 55 put
Fill Price: $0.91 credit

Position Analysis

U/L Price: $56.59
IV: 22.0%
IVR: 19.4
Liquidity: 4/4
Position: Inverted 54/55 Strangle
POP: 39%
Cost Basis: $3.22
Risk: Undefined
BPR: $1100
Max Profit: $2.22
Max Loss: Unlimited
Target P/L: $0.75
Break Even(s): $51.78, $57.22
Extrinsic Value: $177.00
Net Delta: -39.85
Net Theta: 2.649

back

2019 Trades
Open a Tastyworks Brokerage Account