... for a 3.90 credit.
Comments: Selling the 16, buying the 13 delta strikes to emulate dollar cost averaging into the broad market with more room to be wrong than buying shares at market. 8.46% ROC at max; 4.23% ROC at 50% max. Generally, will take profit at 50% max; take loss at 2 x credit received.
Comments: Selling the 16, buying the 13 delta strikes to emulate dollar cost averaging into the broad market with more room to be wrong than buying shares at market. 8.46% ROC at max; 4.23% ROC at 50% max. Generally, will take profit at 50% max; take loss at 2 x credit received.
