... for a 1.70 credit. Comments: Neutral to bullish assumption trade on weakness. 1.70 credit on buying power effect of 16.41; 10.4% ROC at max as a function of buying power effect; 5.2% at 50% max.
... for a 1.90 credit. Comments: Adding to my neutral to bullish assumption natural gas trade at slightly lower strikes. 1.90 credit on 16.87 of buying power; 11.3% ROC at max as a function of buying power effect; 5.6% at 50% max.
... for a 2.40 debit. Comments: In for a 4.80 credit during Friday's session (See Post Below), out today on the up move plus the volatility crush via a good until cancelled order to take profit at 50% max. 2.40/$240 profit; 5.3% ROC for 5 days "work." * -- Short Put Vertical.
... for a 4.80 credit. Comments: A late post from Friday, since I reached my posting limit scrambling around doing defensive rolls in my margin account, as well as opening up some new positions in my IRA. Selling the 16 delta, buying the long 50 strikes out from that on "weakness plus" (i.e., weakness plus higher implied volatility). Generally, I'll look to...
... for a 2.40 debit. Comments: In for 4.80 (See Post Below); out for 2.40 here at the open (50% max). This is the last of my SPX spreads I put on in debt ceiling discussion volatility. I'll re-up on weakness plus implied volatility >20%; it's around 16.1% here.
... for a 2.20 debit. Comments: In for 4.40 (See Post Below), out for 2.20 via good until cancelled order to take profit at 50% max; 2.20 ($220) profit. * -- Short put vertical.
... for a .27 debit. Comments: In for .57 (See Post Below), out for .27 on Friday at the open via a good until cancelled order to take profit at 50% max while I was on the road. .30 profit on buying power effect of 4.43; 6.8% ROC. Will look to re-up in broad market on weakness plus high implied. * -- Short put vertical.
... for a 2.10 debit. Comments: In for 4.30 (See Post Below), out for 2.10 here via good until cancelled order to take profit at 50% max; 2.20 ($220) profit.
... for a 2.20 debit. Comments: In for 4.50 (See Post Below), out for 2.20 here via good until cancelled order to take profit at 50% max; 2.30 ($230) profit. * -- Short put vertical.
... for a .28 debit. Comments: In for .56 (See Post Below), out for .28 today via good until cancelled order to take profit at 50% max. * -- Short put vertical.
... for a .26 debit. Comments: In for .52 (See Post Below), out for .26 here via good until cancelled order to take profit at 50% max. * -- Short put vertical.
... for a .14 debit. Comments: Closed here with 1 day to go via good until cancelled order to take profit at 50% max. In for .52 (See Post Below), out here for .14 at the open; .38 ($38) profit. * -- Short put vertical.
... for a 2.60 debit. Comments: In for a 5.20 credit on weakness/high implied (See Post Below), out for 2.60 here via a good until cancelled order to take profit at 50% of max, 2.60 ($260) profit, 5.8% return on capital as a function of buying power effect.
... for a 4.80 credit. Comments: Selling the 16 delta, buying the long 50 strikes out from there; it pays what it pays. Will generally look to take profit at 50% max. * -- Short Put Vertical.
... for a 5.20 credit. Comments: Selling the 16 and buying the long 50 strikes out from there in the expiry nearest 45 days.
... for a 4.40 credit. Comments: Selling the 16 delta put, buying the long 50 strikes out from there; it pays what it pays. 9.6% ROC at max as a function of buying power effect; 4.8% at 50% max. Generally, will look to take profit at 50% max.
... for a 4.30 ($430) credit. Comments: Selling the 16, buying the long 50 strikes out from there, this time in the November 5th (49 Days) contract, where implied is at 21.6%. (I did one earlier in the day in the October 29th). 9.4% ROC at max as a function of buying power effect; 4.7% at 50% max.
... for a 4.50 credit. Comments: Selling the 16, buying the long 50 strikes out from there on this weakness, uptick in volatility. 9.9% ROC at max as a function of buying power effect; 5.0% ROC at 50% max.