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2019 Trades
KRE: 03.19.19 – 05.14.19
ETF | Banking Fund | Status: Closed
Adjustment #5
View original trade
05.03.19
KRE continues to rally like crazy along with the rest of the market. I had no choice but to my up to reduce my risk, and replenish my levels. At this point I'm just trying to get out at a reduced loss.
Risk Profile:
(Not to scale)
Strategy: Roll Up Put
btc 1 jun 21 53 put
sto 1 jun 21 56 put
Fill Price: $0.85 credit
Position Analysis
U/L Price: $56.62
IV: 22.6%
IVR: 27.0
Liquidity: 4/4
Position: Short 51/56 Inverted Strangle
POP: 0%
Cost Basis: $4.69
Risk: Undefined
BPR: $1900
Max Profit: -$0.31
Max Loss: Unlimited
Target P/L: -$0.62
Extrinsic Value: $183.00
Net Delta: -44.09
Net Theta: 2.947