Ronin_trader

KBH Bearish inclined naked puts 1 Sep expiry

做多
Ronin_trader 已更新   
NYSE:KBH   KB Home
There is a lack of existing inventory on the market as many existing homeowners are hesitant to sell because of rising interest rates. If interest rates are cut or halted and we experience a soft landing, there will initially be a burst of growth before it stagnantes or sinks

- Since March 2023 housing as a sector has a broad uptrend alignment.
- Buffet is also betting big on housing

110 PUT Contracts sold
Strike 48 (9.78% from strike)
0.23
BP 76K
Premium 2530

I am recording this trade two days after I entered. Because of the high US notes we have seen two broad based drops that has resulted in me being 1% away from strike.

Today I remembered why I was trying to shy away from selling options. Because of the poor Risk/Reward if a trade goes against you. I probably close this tonight and take the loss unless price stays above 48 which is also a S&R point
交易手动结束:
Closed at a loss 14,520
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。