0.42Open0.65Pre Close181 Volume188 Open Interest34.50Strike Price8.76KTurnover158.24%IV17.29%PremiumSep 20, 2024Expiry Date0.00Intrinsic Value100Multiplier4DDays to Expiry0.50Extrinsic Value100Contract SizeAmericanOptions Type0.2079Delta0.0594Gamma56.84Leverage Ratio-0.1836Theta0.0006Rho11.82Eff Leverage0.0087Vega
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.