IV rank is at 7.4, with these kind ranks I like to pick direction because volatility is not against me.
Brought a Put at 24 and sold a Put at 22, with a expiration of 51 day.
How I would mange this trade is once it hits 50% profit I will be at or roll at 21 days.
If it goes against me I will roll up my sold puts.
Brought a Put at 24 and sold a Put at 22, with a expiration of 51 day.
How I would mange this trade is once it hits 50% profit I will be at or roll at 21 days.
If it goes against me I will roll up my sold puts.