0.95Open1.07Pre Close211 Volume420 Open Interest32.50Strike Price16.59KTurnover148.58%IV11.83%PremiumSep 20, 2024Expiry Date0.00Intrinsic Value100Multiplier4DDays to Expiry0.87Extrinsic Value100Contract SizeAmericanOptions Type0.3144Delta0.0784Gamma35.11Leverage Ratio-0.2224Theta0.0009Rho11.04Eff Leverage0.0108Vega
RiotMaraMan : good idea. capital preservation.
FANCY PANTS OP RiotMaraMan : I sold a little early but it kept getting rejected at $29, so it felt like the right idea at the time.
70959052 : Huh are we talking a dollar or 2 drop? Or 10 to 20 drop?
FANCY PANTS OP 70959052 : Nobody knows how it will react to rate cuts (or what exactly those rate cuts will be). This sector shouldn't be *too* affected by it.
I'll be eyeing the $25 range to be buying more.
Still a multi-year hold for me but I will also be swinging shares along the way and hoping for the best possible average.