76 32 = 44
Delta : .785 - .542 = .243
JUN 5 10.40
6TH JUN 2024 9.35 AM 1253
171.55 91.8 = 80
171.55 91.8 = 80
143 74 = 69
Bid : 143 74 = 69
Delta : .765 - .53 = .235
On 8th Jun 2024 Saturday
Starting spread 76 32 = 44
Delta : .785 - .542 = .243
Last spread for Jul 19 : 156 80 = 76
Delta : .8 - .565 = .235
76 44 = $32 profit for the investment of $44 (75%)
Last spread for Jun 14:: 131 40 = 91
Spread of Jul 19 Spread of Jun 14
91 76 = 15
I could have gained extra 15$ profit i.e net profit could be 32+15 = $47
But
for that I should have taken high risk. In case if it goes against my strategy,
then I will be ending up with huge loss.
Now I have thin theta -.747
1208-(1080+156) = 28 is a premium / 5 days = 5.6 supposed to be the theta
I need to monitor the theta, and need to know how it is getting diminished
On 11th Jun
1080C 1200C
15.1 - 7.30 = 8