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2019 Trades
xhb: 12.03.18 – 03.08.19
ETF | Home Builder Fund | Status: Closed
Adjustment #8
View original trade
02.12.19
I'm certainly glad I my yesterday because XHB is up huge today. If I roll up again, however, I eliminate my potential to make money or even scratch the trade altogether. It's a bit early, but in an attempt to avoid locking in a loss I decided to instead. This gives me another $0.51 of potential profit and reduces my An ugly situation but I'm goin down swingin!
Risk Profile:
(Not to scale)
Strategy: Roll Out
btc 1 mar 15 35 call
btc 1 mar 15 37 put
sto 1 apr 18 35 call
sto 1 apr 18 37 put
Fill Price: $0.51 credit
Position Analysis
U/L Price: $37.89
IV: 21.1%
IVR: 26.0
Liquidity: 4/4
Position: 35/37 Inverted Strangle
POP: 36%
Cost Basis: $2.80
Risk: Undefined
BPR: $750
Max Profit: $0.80
Max Loss: Unlimited
Target P/L: Scratch / Small Loss
Break Even(s): $34.20, $37.80
Extrinsic Value: $127.00
Net Delta: -44.35
Net Theta: 1.652