I am catching up with my trade documentation after being on holidays for a few days...
My today's trade is #AAL (#AmericanAirlines) $14 long call, which means I bought the call option that was financed by the premium I received for the put option a day earlier. By having a short (sold) put option and a long (bought) call option I am basically betting on the price to go up.
The stats
Trade Type: Long Call
Strike: $14
Expiry: 17 Feb
Delta: 32
IV Rank: 21
Premium: $-0.57
Cap Req: $57
Annualised Prof at Expiry: -579%
IMPORTANT: Studying previous trades provide the opportunity to everyone to learn a great deal so I encourage you to click on the links below and digest the info.
Closed:
https://www.tycoonitos.com/community/market-comments/market-comments-20220811
https://www.tycoonitos.com/community/market-comments/market-comments-20221123
https://www.tycoonitos.com/community/market-comments/market-comments-20221130
https://www.tycoonitos.com/community/market-comments/market-comments-20221209
https://www.tycoonitos.com/community/market-comments/daily-trades-20221214
Rolled:
https://www.tycoonitos.com/community/market-comments/market-comments-20220504
https://www.tycoonitos.com/community/market-comments/market-comments-20221212
Let me know what you think.
Small little winner!
Closed at $0.78 for an annualised profit of 708%.