Closing (IRA): IWM April 1st 175 Short Put... for a .27 debit.
Comments: Opened this for a 1.98 credit. (See Post Below). Out here for a net profit of 1.71 ($171). Still have April 8th, 14th, 22nd, and 29th rungs on.
Shortput
Closed (IRA): SPY April 14th 360 Short Put... for a .67 debit.
Comments: Rolled this a number of times, collecting a total of 10.12 in credits along the way. (See Post Below). Closing it out here for .67 results in a total of 9.45 ($945) in realized gains.
Closed (IRA): QQQ April 14th 280 Short Put... for a .68 debit.
Comments: Put on in the depths of the sell-off for 2.82 (See Post Below), taking profit here. 2.14 ($214) profit
Closed (IRA): IWM March 31st 178 Short Put... for a .29 debit.
Comments: I'd ordinarily roll this out to the weekly, but we don't have a May 6th expiry yet. I've already got a rung on in the April 29th expiry, so am just taking profit here. Total credits collected of 2.67. (See Post Below). Closing hour here results in a profit of 2.38 ($238).
Closed (IRA): EFA April 14th 58 Short Puts... for a .16/contract debit.
Comments: In for a .66/contract credit. (See Post Below). Out for .16 here; .50 ($50) profit per contract on movement plus IV crush.
Opening (IRA): QQQ April 29th 275 Short Put... for a 2.76 credit.
Comments: Targeting the <16 delta strike in the contract nearest 45 days that is paying at least 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Will continue to hit shorter duration in broad market (SPY, IWM, QQQ) as long as it's still paying.
Rolling (IRA): IWM March 25th 178 Short Put to April 29th 170... for a 1.27 credit.
Comments: The March 25th 178's at >50% max, so rolling out to the <16 delta strike paying at least 1% of the strike price in credit. Total credits collected of 4.36 (See Post Below) plus 1.27 or 5.63 relative to what the April 29th 170 is paying (currently 1.96), so I've realized gains of about 3.67 ($367) so far.
Rolling (IRA): SPY March 18th 412 Short Put to April 29th 375 ... for a 1.40 credit.
Comments: This is a smidge shy of 50% max, but has only 7 days to go. Rolling it down and out to the April 29th short put paying at least 1% of the strike price in credit. Total credits collected of 19.07 (See Post Below) plus 1.40 or 20.47 relative to the 375's current price of 3.98, so I've realized gains of 16.49 ($1649) so far. Still sticking with the weeklies here so long as the 45 DTE <16 delta strike continues to pay >1% of the strike price in credit.
Opening: XBI April 14th 75 Short Put... for a 1.83 credit.
Comments: Adding a short back in to strangle my in-the-money high delta 99 short put (which is temporarily acting like long stock). Total credits collected of 15.22 with a downside break even of 83.78.
Rolling: ARKK March 18th 59.22 Short Put to June 47.22... for a .05 credit.
Comments: Giving myself more room to be wrong on the put side ... .
Opening (IRA): QQQ April 22nd 275 Short Put... for a 3.05 credit.
Comments: Targeting the <16 delta strike in the expiry nearest 45 DTE paying at least 1% of the strike price in credit to emulate dollar cost averaging into the broad market in weakness and high IV.
Opening (IRA): SPY April 22nd 370 Short Put... for a 4.00 credit.
Comments: Targeting the <16 delta short put paying at least 1% of the strike price in credit on weakness/high IV to emulate dollar cost averaging into the broad market. Previously, I was using longer duration monthlies, but since 45 days until expiry is paying here in SPY, I'm opting to go shorter in duration for the time being.
Rolling (IRA): IWM March 18th 181 Short Put to April 22nd 165... for a .69 credit.
Comments: This isn't quite at 50% max, but only has 11 days to go, is in profit, and is the highest strike I've got hanging out there in IWM. I've collected a total of 3.83 (See Post Below) + the .69 here for a total of 4.52 relative to a current price for the April 22nd 165 of 1.80, so have realized gains of 2.72 ($272) in this puppy so far.
Closed: XBI March 18th 71 Short Put... for a .20 debit.
Comments: Sold this for 1.41 to reduce cost basis in my inverted short strangle. Closing out here results in a realized gain of 1.21 ($120) on that leg. Cost basis on the remainder is now 12.46, with a downside break even of the short put leg (99) minus credits collected (12.46) or 86.54 relative to where XBI is trading right now at 86.34, so I'm not in horrible shape. I will consider re-erecting the short put if we get further weakness or rolling down the short call further since it's I've collected 12.46 on a six-wide, leaving me with room to invert further if I have to.
Opening (IRA): EFA April 14th 58 Short Put... for a .66/contract credit.
Comments: High IVR/high IV at 114/35. Starting to build a position in EFA here while I wait for U.S. equities positions to come in. Targeting the <16 delta strike paying at least 1% of the strike price in credit. Unfortunately, the weeklies aren't that great from a liquidity standpoint, so will have to ladder out in the monthlies at intervals.
Opened: ARKK May 20th 49.22 Short Put... for a 2.14 credit.
Comments: Total credits collected of 28.00 on a 25.22-wide inverted with a put side break even of 74.22. Ordinarily, I would have rolled out the shorter dated March 18th 59.22 at 50% max, but I sold it for 1.83 and it finished the day at 2.03 with 15 days to go, so will just look to take it off on approaching worthless if I get an opportunity to do so.
Rolling (IRA): IWM March 4th 185 Short Put to April 8th 175... for a 1.58 credit.
Comments: With 7 days to go and with the short put at >50% max, rolling this down and out to the April 8th 175 strike, which is paying around 2.10. I've collected a total of 4.08 in credits relative to a current price for the 175 short put of 2.05, so have realized gains of 2.03 ($203) so far.
Opening (IRA): QQQ April 14th 280 Short Put... for a 2.82 credit.
Comments: Targeting the strike paying at least 1% of the strike in credit to emulate dollar cost averaging into the broad market. Will generally look to roll at 50% max or take assignment, sell call against if that occurs.
Opening (IRA): SPY April 14th 375 Short Put... for a 4.00 credit.
Comments: Targeting the 16 delta or less strike paying at least 1% of the strike price in credit in the shortest duration contract with greater than 45 days until expiry to emulate dollar cost averaging into the broad market.
Opening: ARKK April 14th 50 Short Put... for a 1.47 credit.
Comments: Adding to my ARKK position on weakness. Total credits collected of 24.93 with a 78.07 break even relative to where it's currently trading at 66.92. (Ugh). This also wouldn't be bad as a standalone trade, with rank/implied at 78/72, paying 1.47 on buying power of 5.12 (28.7% ROC at max).
Opened (IRA): IWM April 1st 175 Short Put... for a 1.98 credit.
Comments: Selling premium in the broad market exchange-traded fund having the highest 30-day on the board, targeting the strike in the shortest duration contract of 45 days or longer that pays at least 1% of the strike price in credit to emulate dollar cost averaging into the broad market. I usually do this on Fridays, but if it's gonna dump on a Thursday ... .
Closing: KWEB March 18th 27 Short Put... for a .12 debit.
Comments: Added this for a .63 credit to my inverted 35C/39P short strangle to rapidify cost basis reduction and improve my break evens. (See Post Below). Since price is back between my short strikes and the short put is approaching worthless, I'm taking it off here. Total credits collected of 6.77 with break evens of 32.23 on the put side, 41.77 on the call.
Rolling (IRA): SPY March 18th 381 Short Put to April 14th 391... for a 2.45 credit.
Comments: Rolling at 50% max to the April strike paying at least 1% of the strike price in credit. I've collected 3.95 (See Post Below) + 2.45 or 6.40 in credits so far relative to a current price for the April 14th 391 of 3.87, so have realized gains of 2.53 ($253) so far.
