Lordstown Motors Event Play with high IVR selling for credit
Updated
Selling naked put option at event
- Max profit: 90$
- Probability of Profit: 77%
- Profit Target relative to my Buying Power: 21%
- Buy Power: $410
- Max loss with my risk management: ~ $300
- Tasty IVR: 56
- Expiry: 30days
Sell 2 RIDE April16' 10 PUT
Selling put option for 0.45cr each
Stop/my risk management: Closing immediately if daily candle is closing below $10, Safety zone at 13$ support.
Take profit strategy: I'm taking at the 60% of max.profit in this case with auto sell order. (at 0.18 debit)
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Trade closed: target reached
Target reached, great profit grabbed.
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REAL Options metrics for over 165+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ IVRank ✔ CALL/PUT skew ✔ Volatility Skew ✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
REAL Options metrics for over 165+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ IVRank ✔ CALL/PUT skew ✔ Volatility Skew ✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
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