Sold $secputs| RBLX 88 strike| for .45c| 3DTE, This is more so of Short Volatility and to Collect Theta (time) decay than a Directional play
Trade closed manually:
Originally sold Puts for |.45c |, Bought them back for | .02c | So | + 43c profit| too end the week and most likely for the year as I think Liquidity will be poor, but you never know.
Keep in Mind Each Contract is the equivalent to controlling 100 shares of the underlying security. That being said .43c x 100 =43.00$ per contract
Keep in Mind Each Contract is the equivalent to controlling 100 shares of the underlying security. That being said .43c x 100 =43.00$ per contract
Trade closed: target reached