Opened (IRA): XLE August 16th 85 Monied Covered Call

219
... for an 83.77 debit.

Comments: Some of the only red on my ETF board ... . Here, selling the -75 delta call against a one lot to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. There is also a divvy to be had some time in June, with the last distribution being .73.

Metrics:

Buying Power Effect/Break Even: 83.77
Max Profit: 1.23 ($123)
ROC at Max: 1.47%
50% Max: .62 ($62)
ROC at 50% Max: .74%

Catatan
6/24 Dividend: .71/share; 771/ONE lot. 83.06 break even.
Trading ditutup secara manual
Closed for a 84.27 credit; .50 profit. Total profit (including dividends): 1.21 ($121)/contract; 1.46% ROC as a function of break even.

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