Copyright © 2016 – 2024 Food for Theta, LLC. All rights reserved.
The Food for Theta brand and all content on the Food for Theta website are copyrighted materials and may not be reproduced or redistributed for profit without written consent from the owner.
back
closed Positions
xli: 02.25.20 – 05.15.20
ETF | Industrial Fund | Status: Closed
Adjustment #6
View original trade
03.18.20
Continuing to do my best to keep my directional risk under control in this position. XLI keeps having over 10% selloffs making it extremely difficult to defend. Today, I both to pick up additional reduce exposure, and slightly improve my best-case scenario. I am now the 58
Risk Profile:
Strategy: Roll Down Put and Call
btc 1 apr 17 66 put
sto 1 apr 17 58 put
btc 1 apr 17 59 call
sto 1 apr 17 58 call
Fill Price: $5.85 debit
Position Analysis
U/L Price: $52.37
IV: 90.5%
IVR: 85.4
Liquidity: 4/4
Position: Short APR 17 58 Straddle
POP: 0%
Cost Basis: -$1.15
Risk: Undefined
BPR: $3140
Max Profit: -$1.15
Max Loss: unlimited
Extrinsic Value: $479.00
Net Delta: 30.25
Net Theta: 13.113