Rolling (IRA): TLT Nov 17th 87 to Jan 19th 86 Short Put... for a .65 credit.
Comments: Down a smidge and out. .76 collected originally. (See Post Below). With the .65 collected for the roll, 1.41 total.
Shortput
Rolling (IRA): XBI November 17th 71 Short Put to January 19th 70... for a .65 credit.
Comments: Originally opened this for .77 (See Post Below); rolling down and out for a .65 credit. Total credits collected of 1.42.
I may still get assigned, but at a slightly better price than were I to just have left it alone.
Opening (IRA): TLT January 19th 81 Short Put... for a .85 credit.
Comments: Targeting the strike paying around 1% of the strike price in credit, looking to acquire shares should we get "down there."
I would've erected a rung in shorter duration, but didn't want to do that if I couldn't get in at a strike that was better than what I currently have on.
Opening (IRA): TLT December 15th 89 Short Put... for a 1.12 credit.
Comments: Squeezing in another rung in the December monthly at the 28 delta 89 strike ... .
Since I'm getting kind of a spaghetti works here, will primarily look to add in the 45 DTE weeklies and manage the rest of the pasta as duration in those positions shortens.
Opening (IRA): TLT Oct/Nov/Dec Short Put LadderComments: Targeting the 16 delta strike here in successive expiries to generate free cash flow and emulate dollar cost averaging into 20 year+ maturity paper.
October 20th 89: .77 credit.
November 17th 87: .76 credit.
December 15th 86: .84 credit.
Since these aren't paying buckets of cash on a per contract basis, I'll look to manage these on extrinsic approaching worthless either by closing them out in profit or rolling for credit and duration to reduce my cost basis further.
Opening (IRA): TLT Nov/Dec 86/84 Short PutsComments: Targeting the 16 delta strikes in November and December to erect rungs at strikes better than what I currently have on to emulate dollar cost averaging into 20 year+ maturity paper.
November 17th 86: .83 credit
December 15th 84: .79 credit
Here, I'm fine with getting assigned and proceeding to sell short call against, but want to get in at the biggest discount the market will let me get away with because at some point, you know they're going to cut. Naturally, this may be months out in time ... .
Opening (IRA): SPY March 15th 395 Short Put... for a 4.15 credit.
Comments: Adding a rung in the first quarter, targeting the shortest duration <16 delta put paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Since I have next to nothing on, I'll look to add on weakness and/or upticks in IV ... .
Opening (IRA): TSLA January 19th 160 Short Put... for a 1.72 credit.
Comments: Adding another rung to my TSLA (IV 54.9%) position at a strike better than what I currently have on in December at the 175, targeting the strike paying around 1% of the strike price in credit.
Opening (IRA): QQQ March 15th 318 Short Put... for a 3.24 credit.
Comments: A starter position for 2024 Q1, targeting the shortest duration <16 delta put paying around 1% of the strike price in credit. Naturally, should IV pop (and price drop), I'll look to put on additional rungs in shorter duration.
Opening (IRA): TLT February 16th 73 Short Put... for a .96 credit.
Comments: How ... low ... can you go? Targeting the 16 delta strike out in February at a strike better than what I currently have on in shorter duration expiries.
Opening (IRA): TLT Dec/Jan 77/75 Short PutsComments: Targeting the strikes paying around 1% of the strike price in credit at strikes better than what I currently have on. The basic bet here: that interest rates decline ... at some point.
(And, yes, it's been a somewhat painful trade so far ... ).
December 15th 77: .85 credit
January 19th 75: .84 credit
Opening (IRA): XBI December 15th 63 Short Put... for a .70 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit. Basically, just building a position here on this weakness.
Opening (IRA): TSLA December 15th 175 Short Put... for a 1.92 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into Tesla. I already have a November 17th 190 on, so going out to December here.
Opening (IRA): TSLA January 19th 145 Short Put... for a 1.54 credit.
Comments: Adding a rung here at a strike better than what I current have on, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the underlying without actually being in the stock. 30-day IV remains relatively high here at 52.2% ... .
Opening (IRA): IWM December 15th 162 Short Put... for a 1.64 credit.
Comments: Adding fourth quarter rungs here in broad market, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Opening (IRA): IWM December 29th 167 Short Put... for a 1.75 credit.
Comments: Targeting the shortest duration <16 delta short put paying around 1% of the strike price in credit to emulate dollar cost averaging into the Russell 2000 exchange-traded fund.
Opening (IRA): IWM Dec 15th/Dec 29th/Jan 19th 160/157/153Comments: Targeting the <16 delta short put strikes paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
December 15th 160: 1.64 credit
December 29th 157: 1.63 credit
January 19th 153: 1.57 credit
Opening (IRA): IWM February 16th 151 Short Put... for a 1.58 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. I would've gone shorter duration, but already have rungs camped out at where I would've pitched my tent, so starting to building out first quarter rungs here.
Opening (IRA): IWM February 16th 149 Short Put... for a 1.59 credit.
Comments: Targeting the <16 delta short put in the shortest duration paying around 1% of the strike price in credit.
Opening (IRA): SPY February 16th 380 Short Put... for a 3.94 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit. I already have rungs on in the December monthly, the December 29th, and January expiries near where I'd want to erect additional rungs, so building out into the first quarter a smidge here.
Opening (IRA): QQQ December 29th 334 Short Put... for a 3.45 credit.
Comments: Targeting the shortest duration <16 delta short put paying around 1% of the strike price in credit to emulate dollar cost averaging into the Q's.
Opening (IRA): TQQQ December 15th 30 Short Put... for a 1.10 credit.
Comments: High IV. An engagement trade targeting the 16 delta (ish). Going small with this starter position, with an eye toward adding at intervals.
Opening (IRA): TQQQ January 19th 27 Short Put... for a 1.37 credit.
Comments: Targeting the 16 delta strike here, adding a rung out in January at a strike better than what I currently have on in December at the 30.
