SHort / Put on JHX ( ASX200) - Turtle soup failure 20 day Higg

2020년 6월 9일

This is taking advantage of a Failure at new 20 day high, it beat 4 days ago,
but has corrected quickly back in....shows weakness.
I prefer Put options due to risk of false break out again at highs if pushes up one more time in next few days;
I figure June expiry is enough time and only looking for a 4% correction obvious support $1.00 below or more...
For $400 risk, I can profit about $250 after brokerage if works out.
I bought 500 slightly out of money puts with a delta of 0.43 gives position size equivalent of $ 6800 worth.

2020년 6월 12일

거래청산: 타겟 닿음

Proft +6% ...a little better than original target of +4% in a few days.

2020년 6월 17일

거래청산: 타겟 닿음