Closed (IRA): IWM July 22nd 162 Short Put... for a .67 debit.
Comments: Opened for 1.65 (See Post Below); closing out here at >50% max for a .98 ($98) profit.
Shortput
Opened (IRA): QQQ August 19th 258 Short Put... for a 2.75 credit.
Comments: (Late Post). Targeting the <16 delta strike paying around 1% of the strike price in credit in the expiry nearest 45 days and in the exchange-traded fund having the highest 30-day IV.
Opened: NVDA August 19th 150 Short Put... for a 7.85 credit.
Comments: Delta balancing back to neutral. Total credits collected of 31.46.
Closed: EWZ August 19th 23 Short Puts... for a .23/contract debit.
Comments: Filled for .47/contract (See Post Below), hit 50% max today. .24 ($24) profit/contract.
Closed: /ES July 29th 2500 Short Put... for a .30 debit.
Comments: Filled for a 3.05 credit (See Post Below); out here for .30. (3.05 - .30)/2 = 1.375 ($137.50) profit.
Opened: NVDA August 19th 125 Short Put... for a 3.37 credit.
Comments: Adding long delta here to bring the setup back to delta neutral. Total credits collected of 23.61; delta/theta -2.82/50.35.
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.
Closing (IRA): QQQ July 29th 250 Short Put... for a 1.39 debit.
Comments: Opened for a 3.00 credit (See Post Below). Closing out here at >50% max, 1.61 ($161) profit.
Opening (IRA): SPY August 19th 338 Short Put... for a 3.45 credit.
Comments: Targeting the <16 delta strike in the shortest duration expiry paying 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Opening (IRA): QQQ August 12th 240 Short Put... for a 2.40 credit.
Comments: Targeting the <16 delta strike in the expiry nearest 45 days paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Opening (IRA): IWM August 19th 150 Short Put... for a 1.57 credit.
Comments: Targeting the <16 delta short put paying around 1% in credit in the expiry nearest 45 days to emulate dollar cost averaging into the broad market.
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.
Opening (IRA): SMH August 19th 175 Short Put... for a 1.76 credit.
Comments: Targeting the <16 delta strike in the August monthly (53 DTE) paying around 1% of the strike price in credit. Adding a smidge of long delta back into my portfolio to keep my net delta happy using an ETF that is closely correlated with the broad market (SPY 3-month correlation of .92) instead of cluttering up my IWM, QQQ, and SPY short put ladders further.
Other ETF's to do this with: XLK (.97 3-month correlation), EFA (.90).
Rolling (IRA): SPY July 15th 370 Short Put to August 19th 347... for a .75 credit.
Comments: Doing a little early housekeeping where I can running into the July 4th weekend ... .
Rolling for a realized gain to the <16 delta strike in the expiry nearest 45 days paying around 1% of the strike price in credit. Collected 3.65 (See Post Below) plus the .75 here for a total of 4.40 relative to an August 19th 347 short put value of 3.53, so I've realized gains of around .87 ($87) so far.
Rolling (IRA): QQQ July 15th 264 Short Put to August 5th 260... for a 1.67 credit.
Comments: Rolling here at around 50% max instead of adding new units. Total credits collected of 2.64 (See Post Below) plus the 1.67 here for a total of 4.31 relative to an August 5th 260 short put value of 3.08, so I've realized gains of 1.23 ($123) in this one so far.
Opened (IRA): IWM August 5th 154 Short Put... for a 1.56 credit.
Comments: Adding back in some long delta here in IWM, targeting the <16 strike in the expiry nearest 45 days paying around 1% of the strike price in credit.
Closed: /ES July 15th 2960 Short Put... for a 1.50 debit.
Comments: Filled for a 3.00 credit (See Post Below). Out on Friday at 50% max. (3.00 - 1.50)/2 = .75 ($75) profit. Although still quite far out of the money, this was the highest rung of my /ES short put ladder, so wanted to dry the powder out for a potential dip going forward. Still have rungs on in the July 29th expiry (2850, 2700, 2500), as well in the August monthly (2100), so I was okay with taking off a little bit of risk here.
Closed (IRA): SPY July 29th 330 Short Put... for a 1.12 debit.
Comments: On occasion, Fridays can be a mad scramble. Yesterday was one of those, so I didn't get an opportunity to post all of in profit long delta trades I took off to dry out powder for "the next one." Opened for 4.00 even (See Post Below); out on Friday's bull fest for 1.12 -- 2.88 ($288) profit.
Closed (IRA): QQQ July 8th 267 Short Put... for a .92 debit.
Comments: Collected a total of 4.80. (See Post Below). Closed out late in Friday's session for a total realized gain of 3.88 ($388).
Closed: IWM July 29th 145 Short Put... for a .46 debit.
Comments: Opened for a 1.91 credit (See Post Below); out during Friday's session for .46. 1.45 ($145) profit.
Closed (IRA): IWM July 29th 140 Short Put... for a .53 debit.
Comments: In for a 1.49 credit(See Post Below); out at >50% max here on movement plus volatility contraction. .96 ($96) profit.
