Opened (IRA): BITO May 17th 24 Short Put

... for a 1.74 credit.

Comments: Adding a rung at strikes better than what I currently have on. Will generally look to take profit at 50% max or take assignment of shares should that occur and proceed to sell call against.

Metrics:

Buying Power Effect/Break Even/Cost Basis in Shares (If Assigned): 22.26
Max Profit: 1.74 ($174)
ROC %-age at Max: 7.82%
ROC %-age at 50% Max: 3.91%

Trade closed: target reached:

Hit 50% max, closing for an .87 debit. .87 ($87) profit. Still have the May 17th 31 Covered Call on.