Well some go in the direction right away, and some take a bit of time. Seems like the Home Depot trade is going to take a bit of time. But I am liking where I am at.
I am short after a 50 point run up, and have been averaging down. So that means I have 7 21MAY21 300 puts now, and am down about 625 dollars in the trade so far.
I have a negative delta of 286 meaning for every dollar it falls my position should go up 286 dollars. So I need a 2 dollar move to break even.
Should be able to at least get that.
