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2019 Trades
KRE: 03.19.19 – 05.14.19
ETF | Banking Fund | Status: Closed
Opening Trade
03.19.19
KRE's is up slightly after a 1.6% down tick. Jumping back in to boost my portfolio's levels a bit – I'm almost all cash at this point so I needed to sell some Just looking for to come back down and time to pass. If IV continues to expand, this position will lose money but it'll hopefully come along more opportunity in the general market. Collected $1.03 credit and looking to get out around 50% of max profit.
Risk Profile:
(Not to scale)
Strategy: Short 51/58 Strangle
sto 1 may 17 51 put
sto 1 may 17 58 call
Fill Price: $1.03 credit
Position Analysis
U/L Price: $54.66
IV: 21.1%
IVR: 20.4
Liquidity: 4/4
Position: Short 51/58 Strangle
POP: 67%
Cost Basis: $1.03
Risk: Undefined
BPR: $760
Max Profit: $1.03
Max Loss: Unlimited
Target P/L: $0.50
Break Even(s): $49.97, $59.03
Extrinsic Value: $103.00
Net Delta: -1.01
Net Theta: 2.126