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2019 Trades

KRE: 08.29.19 – 10.01.19

ETF | Banking Fund | Status: Closed

Closing Trade

View original trade
10.01.19
We have a solid sell off in the market today. This pain of a KRE position is actually a tiny bit profitable. With
expanding, and my
completely neutralized, I've decided to just close this position for essentially a
and start again fresh. My
are just a bit too narrow for my liking, and if we get a large move in either direction, I'll have to keep fighting this position. I'd rather just avoid that if possible, by selling a new, wider
for a higher probability of profit.

Strategy: Close Position

btc 1 nov 15 50 put
btc 1 nov 15 53 call

Fill Price: $2.50 debit

Position Analysis

U/L Price: $52.09
IV: 25.9%
IVR: 27.2
Liquidity: 4/4

Final P/L: Scratch ($0.08 Profit)

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2019 Trades