Just sold some MMM puts.
For the GTC Sample Portfolio, this will translate down into selling 1 MMM March 15 29 DTE 85 Put. That is at the -0.12 Deltas when we sold it for 0.37 in premium, with 29 DTE at the time we sold them. The PoT is 25% and the PoP is something like 89%. The IVR was 24.6, with the VIX at 14.50 and the expected range on that downside was $89. I will have more to say on the trade, at the new “Read the Position” service later with explanations, reasoning and rationale …
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