back

closed Positions

KRE: 02.24.20 – 03.23.20

ETF | Banking Fund | Status: Closed

Opening Trade

02.24.20
KRE was one of my most traded
of 2019 and is back in play with today's
I'm
a simple
in April
to maximize my potential to profit off of any volatility contraction. Looking to make 50% of maximum potential which would leave me around $0.95.

Risk Profile:

Figure 1

Strategy: Short APR 17 51/56 Strangle

sto 1 apr 17 51 put
sto 1 apr 17 56 call
Fill Price: $1.90 credit

Position Analysis

U/L Price: $53.77
IV: 29.7%
IVR: 100.4
Liquidity: 4/4
Position: Short APR 17 51/56 Strangle
POP: 61%
Cost Basis: $1.90
Risk: Undefined
BPR: $870
Max Profit: $1.90
Max Loss: Unlimited
Target P/L: $0.95
Break Even(s): $49.10, $57.90
Extrinsic Value: $190.00
Net Delta: -2.53
Net Theta: 3.175

back

closed Positions
Open a Tastyworks Brokerage Account