#SyntheticStock #IRA – Thanks @1strangealien for getting this one back on my radar. I’ll take a shot out in Jan.

Bought to Open XBI JAN 18 2019 88/88/86 Synthetic Stock @ 7.69 (filled better than mid)

Max loss of 9.69 with 42 weeks to run requiring 23 cents per week to cover.

So:

Sold XBI APR 6 2018 89.0 Calls @ .83