Rolling (IRA): QQQ April 21st 257 to the 266 Short Put
... for a .88 credit.
Comments: Rolling up for a realized gain to the <16 delta strike paying around 1% of the strike price in credit. Total credits collected of 2.62 (See Post Below) plus the .88 here for 3.50 ($350). I usually like to do this at 50% max, so this is more in the nature of housekeeping/taking profit where I can.
Comments: Rolling up for a realized gain to the <16 delta strike paying around 1% of the strike price in credit. Total credits collected of 2.62 (See Post Below) plus the .88 here for 3.50 ($350). I usually like to do this at 50% max, so this is more in the nature of housekeeping/taking profit where I can.
Trade closed manually:
Closed for a 1.20 debit on this rip. 3.50 - 1.20 = 2.30 ($230) profit.
