OPENING (IRA): EWW DEC 20TH 39 SHORT PUT
... for a .57/contract credit.
Notes: One of the ex. U.S./Canada exchange-traded funds I looked at over the weekend with a yield that exceeds both TLT and U.S. broad market. Selling the 20 delta or so here, looking to acquire at a discount over where the underlying is currently trading. Cost basis of 38.43 if assigned; otherwise, I keep the premium ... .
Notes: One of the ex. U.S./Canada exchange-traded funds I looked at over the weekend with a yield that exceeds both TLT and U.S. broad market. Selling the 20 delta or so here, looking to acquire at a discount over where the underlying is currently trading. Cost basis of 38.43 if assigned; otherwise, I keep the premium ... .
Trade closed manually:
Just noticed that that should have been a "39 short put." In any event, covering here for an .08 debit; a .49 ($49) winner.
