OptionsCoach

Options Idea: Sell The September 18, 2020 Put @ $1.3

Long
NASDAQ:ALRM   Alarm.com Holdings, Inc.
ALRM seems to have stopped its downward trend. It has recovered the EMA 8 and is heading back to EMA 20 territory. I sold a Sep 18 2020 55.0 Put @ 1.3 with the idea that the uptrend will continue over the next few days or weeks.

20-ALRM-01
  • Opening Date: August 20, 2020
  • Expiration Date: September 18, 2020
  • DTE: 29
  • IV: 44%
  • IV Percentile: 37%
  • Odds of Winning: 68%
  • Win: > 53.70 @ Expiration
  • Loss: < 53.70 @ Expiration

Chart Legend
  • The green area represents 100% win zone.
  • The yellow area is a win, but we have to give back some of the initial credit taken in.
  • The red area is loss.
  • 1 SD, 2 SD, 3 SD projections from Opening Date to Expiration Date are included.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.