... for a .56 credit. Comments: Starting to gear up a little bit in this higher volatility environment/weakness ... . I couldn't quite get a 5-wide where I wanted to camp out my spread, so did a 5.5 wide instead and collected at least 10% of the width of the spread in credit. Will start to crank on some stuff in the IRA shortly.
... for a 1.01 debit. Comments: In for 1.04 (See Post Below), out for 1.01 at the open before the transition to GREE stock, so basically a scratch. * -- Short Put Vertical.
... for a .52 credit. Comments: Opened up the 5-wide in the October 22nd expiry paying at least 10% of the spread in credit in this bit of weakness/IV uptick.
Selling premium in the QQQ's in the expiry nearest 45 days and looking to collect at least 10% of the width of the spread in credit. Collected .57 in credit here and will look to take profit at 50% max. 12.9% ROC at max as a function of buying power effect; 6.4% ROC at 50% max. * -- Short Put Vertical.
... for a 1.04 credit. Metrics: Max Profit: $104 Max Loss/Buying Power Effect: $396 Return on Capital at Max Profit as a Function of Buying Power Effect: 26.3% Return on Capital at 50% of Max Profit as a Function of Buying Power Effect: 13.1% Break Even: 6.96 Comments: Went with farther out-of-the-money strikes than posted in my Trade Idea (See Post Below). ...
... for a .52/contract credit. Comments: Although implied isn't ideal here (>20 is better), throwing some caution to the wind and selling a five wide at the strikes paying at least 10% of the width of the spread in credit. This ends up with me selling the 21 delta and buying the 18, which is a little bit more aggressive than I usually like to go, but selling...
... for a .26 debit. Comments: In for .52 (See Post Below), out for .26 today with 45 days to go via a good until cancelled order to take profit at 50% max. 5.80% ROC as a function of buying power effect. * -- Short Put Vertical.
... for a .26 debit. Comments: In for a .53 credit (See Post Below); out here at 50% max via a good until cancelled order. .27 ($27) profit/6% ROC with 34 days to go. Still have the October 15th 408/413 on. With SPY 30-day at 16.1%, I'll probably wait until another VIX>20 print before adding. With these small accounts, you don't have a ton of cash to play...
... for a .26 debit. Comments: In for .53 (See Post Below), out for .26 today via a good until cancelled order to take profit at 50% max. .27 ($27) profit. 6.0% ROC with 36 days to go. * -- Short Put Vertical.
... for a .53 credit. Comments: A late post. Added some in the morning, got weaker, so added some in the afternoon as well (at 12:22:26). The basic strategy here is to emulate dollar cost averaging into the broad market with more room to be wrong, albeit with the twist being that you generally want to do it in higher implied volatility environments/on...
... for a .52 credit. Comments: A late post. Sure enough, I go on vacation and the market dumps. Filled early in the session at 9:35:53. Generally, will look to take profit at 50% max. * -- "Short put vertical"; also known as a "bull put spread."
... for a 2.05 debit. Comments: In for 4.10, hit my order to take profit at 50% max here; 2.05 ($205) profit/4.5% ROC. Will look to re-up on weakness/higher implied volatility, with the preference being for 30-day >20 (it's current sub-16).
... for a .53 credit. Comments: Did some spread in the QQQ's on weakness (and a little bit higher implied than SPY) to emulate dollar cost averaging into the broad market in the expiry nearest 45 days shooting to collect a credit that exceeds 10% of the width of the spread. Generally, will look to take profit at 50% max; loss at 2 x credit received.
... for a .27 debit. Comments: In for .53 (See Post Below), out for .27 here. .26 ($26) profit/5.8% ROC as a function of buying power effect.
... for a .26 debit. Comments: Hit my 50% max take profit order. In for .52 (See Post Below), out for .26; .26 ($26) profit/5.8% ROC as a function of buying power effect. * -- Short Put Vertical.
... for a 2.30 debit. Comments: In for a 4.60 credit (See Post Below), out today via good until cancelled order to take profit at 50% max with 29 days to go. 2.60/$260 profit, 5.7% ROC. Still have a September 10th 4040/4090 on.
... for a 2.10 debit. Comments: In for 4.20 (See Post Below), out for 2.10 here via a good until cancelled order to take profit at 50% max. 2.10 ($210) profit; 4.6% ROC with 24 days to go.
... for a .53 credit. Comments: Added a little more a little later in the session on this weakness, volatility expansion. 11.9% ROC at max; 5.9% at 50% max. I now have the August 27th 403/408's, September 17th 403/408's, and the September 30th 393/398's on. Will generally look to take profit at 50% max; re-up on weakness/heightened volatility.