Harvesting implied volatility on two of our top names.
Out of the SYM call spread today at a net credit of $12.00 and bought back the put spread for $0.20, turning our $2.05 debit into a $11.80 credit net. That’s $975 per combo, ~476% on premium outlay and ~137% on max risk.
Out of the APLD call spread today at $4.
Out of half of the APLD put spread at $0.20 today, for a profit of 39% on premium.
Out of the other half of the APLD put spread at $0.20.
Was wondering why APLD was bouncing around this morning: https://finance.yahoo.com/news/applied-digital-break-ground-3-120000203.html
Out of the SYM call spread today at a net credit of $12.00 and bought back the put spread for $0.20, turning our $2.05 debit into a $11.80 credit net. That’s $975 per combo, ~476% on premium outlay and ~137% on max risk.
Out of the APLD call spread today at $4.
Out of half of the APLD put spread at $0.20 today, for a profit of 39% on premium.
Out of the other half of the APLD put spread at $0.20.
Was wondering why APLD was bouncing around this morning: https://finance.yahoo.com/news/applied-digital-break-ground-3-120000203.html