Benji

XME - Mining & Metals

Benji Updated   
AMEX:XME   SPDR S&P Metals & Mining ETF
Some residual IV here from recent earnings of holdings in the ETF.

-1 Sep21 35/37 strangle for $1.72 cr.

Risk: 2x cr received or continue to roll put
Profit: 50% cr rec or if IV drops with too much time left to hold risk.
Trade closed manually:
Closing this trade today for a scratch with expiration coming up, $1.71 db.
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