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closed Positions

INTC: 01.23.20 – 03.27.20

Equity | Intel Corp | Status: Closed

Adjustment #2

View original trade
02.24.20
Giant down move in the market this morning. My INTC position has unfortunately been
and now I am defending on the downside. Luckily, with the
expansion, I am able to collect a sizable credit to help me
In order to reduce my
risk, I've
to the 65
and the entire spread
Looking for a small bounce and volatility contraction to bring this baby back to green. My once concern for rolling out is overlapping an
but I'll deal with that issue if and when it happens. For now, I'll deal with the issue at hand.

Risk Profile:

Figure 3

Strategy: Roll Down and Out

btc 1 mar 20 65 put
btc 1 mar 20 67.5 call
sto 1 apr 17 65 put
sto 1 apr 17 65 call
Fill Price: $1.62 credit

Position Analysis

U/L Price: $62.01
IV: 28.7%
IVR: 93.3
Liquidity: 4/4
Position: Short APR 17 65 Straddle
POP: 47%
Cost Basis: $4.93
Risk: Undefined
BPR: $1330
Max Profit: $4.93
Max Loss: Unlimited
Target P/L: $1.20
Break Even(s): $60.07, $69.93
Extrinsic Value: $276.00
Net Delta: 31.94
Net Theta: 4.314

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