Closing: /ES June 17th 2950 Short Put... for an .85 debit.
Comments: In for 3.20, (See Post Below), out for .85 today. (3.20 - .85)/2 = 1.175 ($117.50) profit.
Shortput
Opened: /ES July 17th 2200 Short Put... for a 3.05 credit.
Comments: Another late post I was unable to get to yesterday ... . I'm doing a few of these far out-of-the-money short puts in /ES as an engagement trade while I wait for the July mopex to come into the 45 days until expiry wheelhouse (it's currently 55 days out) for my general go-to setup (short strangles).
Closing: EWZ June 17th 27 Short Puts... for .18/contract debit.
Comments: A little bounce, a little volatility contraction ... . In for a .71/contract credit (See Post Below); out for .18 here with 28 days to go. .53 ($53) profit/contract.
Opening (IRA): QQQ July 1st 250 Short Put... for a 2.52 credit.
Comments: Targeting the <16 delta strike in the expiry nearest 45 days paying at least 1% of the strike price in credit in the highest 30-day, broad market exchange traded fund on the board.
Rolling (IRA): QQQ May 27th 305 Short Put to July 1st 301... for a 3.30 credit.
Comments: Gotta roll, gotta roll, gotta roll. Rolling to the expiry/strike nearest 45 days paying around 1% of the strike price in credit. 6.50 collected so far with a cost basis of the short put strike (301) minus total credits collected (6.50) or 294.50 relative to where QQQ is currently trading at around 291.
Opening (IRA): IWM July 1st 154 Short Put... for a 1.64 credit.
Comments: Keeping on keeping on ... . I don't have much IWM on, so am selling something new in the July 1st expiry, targeting the <16 delta strike that is paying at least 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Rolling (IRA): IWM May 27th 183 Short Put to July 1st 179... for a 1.72 credit.
Comments: Staying mechanical and rolling to the strike nearest 45 days until expiry for a credit that is about 1% of the strike price. Total credits collected of 8.54. Although it's in-the-money, my cost basis is now the short put strike (179) minus total credits collected (8.54) or 170.46 relative to where it's currently trading at 176.40.
Opening: /ES June 30th 2500 Short Put... for a 3.10 credit.
Comments: And here we go again. Adding a rung on weakness ... . Have the June 17th 2950's, the June 24th 2950's, and now the June 30th 2500's.
Opening: /ES June 24th 2950 Short Put... for a 3.25 credit.
Comments: Adding another rung around 75% out-of-the-money, 39 days until expiry.
Opening: /ES June 17th 2950 Short Put... for a 3.20 credit.
Comments: Back into /ES far out-of-the-money short put here, after exiting all the rungs of my /ES short put ladder at the end of last week. Since delta value isn't very informative (my platform is showing this as a .01 delta strike, which isn't particularly helpful), I'm targeting the strike that is paying around 75% of the current price of /ES in the shortest duration that is paying 3.00 or so.
Closing: /ES June 17th 2400 Short Put... for a .95 debit.
Comments: In for 3.35 (See Post Below); out for .95 here. (3.35 - .95)/2 = 1.20 ($120) profit. Out of the last rung of my /ES short put ladder on this up move/volatility crush.
Closing: /ES June 10th 2800 Short Put... for a 1.45 debit.
Comments: Filled for 3.25 (See Post Below); out for 1.45 here. (3.25 - 1.45)/2 = .90/$90 profit.
Closing: /ES June 3rd 2900 Short Put... for 1.00 debit.
Comments: In for 3.40 (See Post Below), out here for 1.00. (3.40 - 1.00)/2 = 1.20 ($120) profit.
Closed: /ES May 27th 3200 Short Put... for a 1.90 debit.
Comments: Taking a smidge of risk/long delta off here. Filled for a 3.00 credit (See Post Below); closing out here with 15 days to go. (3.00-1.90)/2 = .55/$55 profit. Still have the June 3rd 2900, June 10th 2800, and June 17th 2500's on.
Opening: /ES June 10th 2800 Short Put... for a 3.25 credit.
Comments: Another dorky, way out of the money, small engagement trade while I wait on June opex setups. As previously noted, this routes for a 3.25 credit, but max profit is only half that or 1.625 ($162.50).
Opening (IRA): QQQ June 30th 235 Short Put... for a 2.45 credit.
Comments: My weekly broad market short put in the exchange-traded fund with the highest 30-day, targeting the <16 strike paying at least 1% of the strike price in credit in the expiry nearest 45 days until expiry.
Rolling (IRA): SPY May 20th 408 Short Put to July 15th 400... for a 3.62 credit.
Comments: Rolling down and out ... . Total credits collected of 7.75 (See Post Below) plus the 3.62 here for a total of 11.37.
Rolling (IRA): QQQ May 20th 320 Short Put to July 15th 318... for a 2.90 credit.
Comments: Staying mechanical and rolling down and out for a credit. Total credits collected of 5.48 (See Post Below) plus the 2.90 here for a total of 8.38.
Rolling (IRA): IWM May 20th 180 Short Put to June 17th 179... for a 1.86 credit.
Comments: Not getting much strike improvement here, but collected 1% of the strike price in credit. Total credits collected of 1.90 (See Post Below) plus the 1.86 here, for a total of 3.76.
Opening: BITO June 17th 11/18 Short Put Vertical... for a .48/contract credit.
Comments: High IV with 30-day at 71%.
Unfortunately, I don't get any relief on margin for this particularly underlying, so am buying a cheap long put to bring in buying power effect from 17.46 for the naked 18 to 6.54 for the spread. Paying .07 for the long to bring buying power effect in by >60%.
ROC 7.3% at max as a function of buying power effect; 3.7% at 50% max.
Opening: EWZ June 17th Short Puts... for a .71/contract credit.
Comments: Taking a directional shot on weakness here and in high IVR/IV (92/46). .71/contract credit on buying power effect of 2.71; 26.2% ROC as a function of buying power effect at max; 13.1% at 50% max.
Opening: /ES June 17th 2400 Short Put... for a 3.35 credit.
Comments: Weak ... nessssss. Targeting the strike paying around 3.00 in credit (1.50/$150) max. 1.50 max on BPE of 16.53; 9.1% ROC as a function of buying power effect at max profit; 4.5% at 50% max.
Opening (IRA): QQQ June 24th 255 Short Put... for a 2.26 credit.
Comments: My weekly, broad market short put in the exchange-traded-fund with the highest 30 day IV, targeting the 45 DTE <16 delta strike paying around 1% of the strike price in credit.
