NIO Naked Put and Strangle
Updated
Short the 25-strike put for $1.30 Credit. 75% POP and only $740 BPE for a decent 17.5% ROC.
Short the 25-55 Strangle for $2.10 Credit. About a 1SD Strangle and has a similar $740 BPE for a 28% ROC.
Short the 25-55 Strangle for $2.10 Credit. About a 1SD Strangle and has a similar $740 BPE for a 28% ROC.
Trade active
Close Short Put. Currently trading for $0.45 resulting in a 65% or $0.85 per contract profit.Trade closed: target reached
Close Strangle. The 25-55 Strangle is trading for $1.1 resulting in a $1 or 47% profit per strangle.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.