Option Strategy 1.1 - PSTH - week ending 4/23

 

 Readings after Friday Market close  (Rollover the April 16 to May 21 call ):

Initial cost for May21 20 strike call  -  $390 ( Rollover of the call option)

Stock price ( At execution)              : $26.75  

Initial cost of this trade                      : $270  ($710 - $440)

Last Friday Close    : $24.20

Friday Close            : $23.90

Weekly price action : ($0.30)

P/L Open                : ($22)

Delta                        : 68.29

Margin Req              :391.60
        

Implied Volatility & Time Value readings   


 

 

 

 

 

 

 Notes :

-Implied Volatility for OTM 40 Dec21 option keeps falling (Now in 70s), As a result - Loss are greatly reduced($ 22, even though stock price at the time of execution was $26.75 vs $23.90 now. This is because of the Low Sentiment (Because lack of Definitive Agreement  with the target).

Related links 

My Option Strategy

Day 1 - Plan 

Day 2 - Execution

Day 3  

Day 4 

Week ending 3/19/2021

Day 5  

Day 6

Day 7 

Week ending 3/26/2021

March 29

March 30

Week ending 4/2

Week ending 4/9

Week Ending 4/16

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