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Shortput

Rolling (IRA): SPY January 21st 397 to April 14th 360... for a 1.95 credit. Comments: Cleaning up my longer-dated SPY strategy short put ladder a little bit here while I wait to start putting on other positions in 2022 expiries. The January 21st 397 is at greater than 50% max, so rolling it out to the April strike paying at least 1% of the strike value in credit instead of adding units. I've collected a total of 8.17 + 1.95 with rolls so far for a total of 10.12 relative to the April 14th 360 short put value of 3.79, so have realized gains of 6.33 ($633) to date.
AMEX:SPYLong
by NaughtyPines
Rolling (Margin): EWZ December 17th 25 Short Put to January 21st... for a .32/contract credit. Comments: Rolling here at greater than 50% max for a realized gain and a credit while keeping buying power effect essentially the same, since I'm rolling this "as is" (i.e., from the December 25 strike to the January 25 strike). I originally collected .58 in credit/contract (See Post Below), so have collected a total of .90 ($90)/contract with this roll relative to a current short put value of .57, so have locked in .37 ($37) of realized gains so far. 30-day implied is still pretty decent at 41.3%; otherwise, I'd probably just leave it alone running into expiry.
AMEX:EWZLong
by NaughtyPines
Rolling: KWEB December 17th to January 19th 43 Short Put... for a .56/contract credit. Comments: Rolling out at >50% max here for a realized gain and a credit and without taking on additional risk. I originally filled this a 1.04/contract credit (See Post Below), so have collected a total of 1.56 relative to a short put value of 1.04 (i.e., realized gains of 1.56 -1.04 = .54/$54). Implied remains relatively decent here at a 30-day of 45.4%. If it had dropped below 35%, I'd probably just take profit and move on.
AMEX:KWEBLong
by NaughtyPines
Rolling (IRA): SPY December 17th 388 to January 422 Short Put... for a 3.60 credit. Comments: Part of a longer-dated strategy. With the December 17th 388 way past 50% max (it's currently valued at .67), rolling it up and out to the January strike paying at least 1% of the strike price in credit. I've collected a total of 15.40 (See Post Below) plus the 3.60 here for a total of 19.00 relative to the January 422 short put value of 4.25, so have realized gains of 14.75 ($1475) so far.
AMEX:SPY
by NaughtyPines
4
Rolling (IRA): SPY December 17th 376 Short Put to December 31st361 Short Put ... for a .04 credit. Comments: Another window dressing trade where I want to reduce risk temporarily in this low volatility environment, while locking in realized gains. Here, I've collected 8.59 in credits with rolls (See Post Below) relative to a short put price for the 361 of 1.06, so have realized gains of 7.53 ($753) so far. Will look to take this off on approaching worthless if we don't get a bump in volatility running into expiry.
AMEX:SPY
by NaughtyPines
Rolling (IRA): SPY November 19th 409 Short Put to November 26th401 Short Put for a .05 credit. Comments: A little "window dressing" roll to lock in the realized gains of the 409 short put, while simultaneously reducing risk. I've collected 12.36 in credits via rolls with this so far, (See Post Below), relative to a current short put value for the November 26th 401 of .92, so I've locked in 12.36 - .92 or 11.44 ($1144) of gains so far. I'd ordinarily just roll this out for duration, but would prefer a higher implied volatility environment to do that, so will look to take this off on approaching worthless if we don't get a volatility bump between now and expiry.
AMEX:SPYLong
by NaughtyPines
Rolling (IRA): SPY November 19th 401 to March 18th 348 Short Put... for a 2.76 credit. Comments: With only .72 of extrinsic left in the November 19th 401, cleaning up my longer-dated premium selling strategy in SPY by rolling out to the March 348 -- the strike that's paying at least 1% of the strike in credit. I've collected 13.31 (See Post Below) + 2.76 with this roll for a total of 16.07 so far relative to a value for the 348 of 3.49, so I've realized gains of 16.07 - 3.49 or 12.58 ($1258). Ordinarily, I would've just rolled it out a month, but the 16 delta strike in December is paying <1% of the strike price, so opted to "leap frog" this over short puts I already have on in the December, January, and February monthlies.
AMEX:SPY
by NaughtyPines