NaughtyPines

Opening (IRA): EFA April 14th 58 Short Put

做多
AMEX:EFA   iShares MSCI EAFE ETF
... for a .66/contract credit.

Comments: High IVR/high IV at 114/35. Starting to build a position in EFA here while I wait for U.S. equities positions to come in. Targeting the <16 delta strike paying at least 1% of the strike price in credit. Unfortunately, the weeklies aren't that great from a liquidity standpoint, so will have to ladder out in the monthlies at intervals.
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