So as I mentioned in The Weekly Note, that order on the UBER spread did not get filled last week. So everything looked good, and I went ahead and got it done this morning.
Sold 1 UBER Jan 26 67 / 71 Call Spread, while the IVR was at 10.2, with a VIX of 13.72. PoT was 24% with a Δ of 0.13, so the premium was only 0.22 and the expected range is $64.50 with what? 24 DTE?
That’s all for now. As I mentioned in the X / Twitter stream, I’m also looking at Ford (F) or GM (GM) (not ‘and’ … one or the other) for a possible short. The SPY isn’t in any region at the moment where I can see a trade, though I’m watching it. And then I’m also watching PLTR for some sign that it’s bottoming out, and then I’m thinking of selling cash covered puts there. But we’ll have to see how those possibilities shape up.
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