I opened 4 lot(s) $TMF 20240816 47.0 PUT$  ,Due to recent inflation reports. Inflation appears to have dropped in us to a level whereby Fed is likely to consider cutting interest rates in sept. There’s also warnings about potential recession if rate cuts doesn’t begin soon. Decided to be more aggressive in option selling. Closed previous position and did a vertical roll up to 47 strike. Time duration remains the same, but premium collected increased. Delta adjusted to around 20.
TMF PUT
07-12 23:48
US20240816 47.0
SidePrice | FilledRealized P&L
Sell
Open
0.61
4Lot(s)
--
Closed
Direxion Daily 20 Year Plus Treasury Bull 3x Shares
# Trade Feed: Who is your favorite star traders?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment3

  • Top
  • Latest
  • KSR
    ·07-16
    👍
    Reply
    Report
  • Great article, would you like to share it?
    Reply
    Report
  • Tom Chow
    ·07-13
    good
    Reply
    Report