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2019 Trades
xhb: 12.03.18 – 03.08.19
ETF | Home Builder Fund | Status: Closed
Adjustment #6
View original trade
01.31.19
Just a tough week all around. XHB having a big rally today. Cutting my risk by my to create an If the price falls back between my I will reevaluate this trade and either uninvert, or take it off completely. There's not much premium left in the options so it's becoming difficult to keep this sucker on. I've cut my losses significantly from where they were early in the trade, so it wouldn't be the worst if I decided to close it.
Risk Profile:
(Not to scale)
Strategy: Roll Up Put
btc 1 mar 15 34 put
sto 1 mar 15 36 put
Fill Price: $0.43 credit
Position Analysis
U/L Price: $36.72
IV: 22.3%
IVR: 22.9
Liquidity: 4/4
Position: 35/36 Inverted Strangle
POP: 38%
Cost Basis: $1.97
Risk: Undefined
BPR: $740
Max Profit: $0.97
Max Loss: Unlimited
Target P/L: Scratch
Break Even(s): $34.03, $36.97
Extrinsic Value: $125.00
Net Delta: -36.42
Net Theta: 2.301