Opened (IRA): SPY August 26th 350 Short Put... for a 3.65 credit.
Comments: (Late Post). I did a ton of stuff on Friday, and (I think) this was the last one. SPY 30-day IV has dropped sub-25%, so it may shortly not be worth it to sell premium in it in <45 DTE duration where I want to pitch my tent (16 delta or less).
QQQ still has the highest 30-day (30.6%), followed by IWM (29.3%), followed by SPY (24.0%), so I'll continue to hammer away at the Q's and secondarily IWM while they still have juice in them.
Shortput
Rolled (IRA): IWM July 22nd 169 Short Put to August 26th 155... for a .25 credit.
Comments: (Late Post). Didn't collect much credit here, but this is the highest strike rung of my short put ladder and would prefer rolling it out of harm's way/to a lower cost basis strike since the market's given me the opportunity here. Total credits collected of 4.79 (See Post Below) plus the .25 here for a total of 5.04.
Opened (IRA): QQQ August 19th 250 Short Put... for a 2.56 credit.
Comments: Back in the saddle again after the long weekend ... . Targeting the <16 delta strike paying around 1% of the strike price in credit in the expiry nearest 45 days in the broad market exchange-traded fund with the highest 30-day to emulate dollar cost averaging into the broad market.
Closed: /ES July 29th 2850 Short Put... for a 1.45 debit.
Comments: In for a 3.20 credit (See Post Below). Out for a 1.45 debit. (3.20 - 1.45)/2 = .875 ($87.50) profit. Still have July 29th 2700's, July 29th 2500's, August 5th 2700's, and August 19th 2100's on, so just taking off a smidge of risk here and/or freeing up buying power.
Opening (IRA): SMH August 19th 150 Short Put... for a 1.54 credit.
Comments: Adding another unit of semiconductors here (IVR/IV 72/47) in weakness/higher IV, targeting the <16 delta strike paying around 1% of the strike price in credit in the August monthly (the weeklies aren't all that liquid). Still have the August 19th 175's on.
Opening: /ES August 5th 2700 Short Put... for a 3.05 credit.
Comments: A basic bet that /ES doesn't lose more than 25% of its value over the next 36 days put on in weakness/higher implied volatility. Still have July 29th and August 19th rungs on. 1.525 ($152.50) max on buying power effect of 19.79; 7.7% ROC at max as a function of buying power effect; 3.9% at 50% max.