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closed Positions
xli: 02.25.20 – 05.15.20
ETF | Industrial Fund | Status: Closed
Adjustment #4
View original trade
03.12.20
Only got ONE freakin' day out of my last adjustment. The market dropped so much today that we hit another lockdown limit, halting trading for about 15 minutes right after the opening bell. My grew significantly as a result of the move so I my leaving me, once again, with a super wide As long as the market keeps dropping, this is about all I can do to defend. Just doing my best to keep delta low and high so that I can slow the losses on the way down, and make back some money once starts to contract.
Risk Profile:
Strategy: Roll Down Call
btc 1 apr 17 69 call
sto 1 apr 17 60 call
Fill Price: $3.60 credit
Position Analysis
U/L Price: $59.18
IV: 76.4%
IVR: 94.6
Liquidity: 4/4
Position: Short APR 17 60/70 Inverted Strangle
POP: 0%
Cost Basis: $7.30
Risk: Undefined
BPR: $2135
Max Profit: -$2.70
Max Loss: unlimited
Extrinsic Value: $610.00
Net Delta: 29.82
Net Theta: 10.431