... for a 4.10 credit. Comments: Selling the 16, buying the 13 in the expiry nearest 45 days to emulate dollar cost averaging into the S&P. Generally, will look to take profit at 50% max.
... for a .27 debit. Comments: In for .53 (See Post Below), hit my order to take profit at 50% max for .27 here with 29 days to go. .26 ($26) profit. 5.9% ROC for 14 days' "work." Still have the September 15th 403/408 and September 30th 393/398 short put verticals on, so will wait for an uptick in volatility to add.
... for a .52 credit. Notes: Wanted to get something on in this weakness and volatility expansion, since I only have one spread left on -- the August 27th 403/408. 11.6% ROC at max; 5.3% at 50% max.
... for a 1.95 debit. Notes: In for 3.90 (See Post Below), hit my order to take profit 50% max today. 1.95 ($195) profit; 4.1% ROC. Still have the August 27th 3980/4030's and September 3rd 3975/4025's on.
... for a .26 debit. Comments: In for .52 on July mopex weakness/volatility, (See Post Below); out for .26 today (50% max). 5.7% ROC for 4 days' "work" with 56 days to go.
... for a $12.50 profit. Comments: Closing this out here for a small profit to return to my regularly scheduled broadcast of SPY, IWM, QQQ options trading ... .
... for a .52 credit. Notes: A late post ... . Opened this yesterday morning at around 10:15 a.m. to take advantage of the high volatility environment and weakness. There wasn't any September 3rd weekly in SPY yet, so had to use the monthly. It's like the market knew that I was going to be out on the lake ... . :-)
... for a 4.60 credit. Comments: Selling the 16, buying the 13 delta here on weakness. 10.1% ROC at max; 5.0% at 50% max.
... for a .53 credit. Comments: Selling the 5-wide in the expiry nearest 45 days until expiry and collecting at least 10% of the width of the spread in credit to emulate dollar cost averaging into the broad market.
... for a 1.02 debit. Comments: Another too far, too fast exit ... . Opened for .51, closed here at 2 x credit received.
... for a 1.04 debit. Comments: Opened for .53, (See Post Below), taking loss here at around 2 x credit received. Too far, too fast.
... for a $102.50 credit. Notes: Truth be told, I don't putz around with futures options all that much, but it's nice to have tools in the tool box that you can deploy when New York is closed. Here, doing the same thing I would do in SPY or SPX, looking to emulate dollar cost averaging into the broad market with more room to be wrong. Will generally look to...
... for a .53 credit. Comments: Highest implied volatility of the majors at 25.3%. Sold the spread nearest 45 days until expiry that pays around 10% of the width of the spread to emulate dollar cost averaging into the broad market with more room to be wrong. Generally, take profit at 50% max; loss at 2 x credit received.
... for a .28 debit. Comments: Hit 50% max early in the session when the QQQ's were still green. In for .57 (See Post Below), out for .28 here, 50% max, 6.32% ROC with 31 days to go.
... for a 2.00 debit. Comments: In for a 4.00 credit (See Post Below), hit my order to take profit at 50% max today (2.00/$200 profit, 4.35% ROC) with 32 days to go. Still have August 20th (38 days until expiry) and August 27th (45 days) on.
(Short Put Vertical) ... for a .55 debit. Comments: In for 1.05 (See Post Below), out for .55, .50 ($50 profit), 5.59% ROC.
... for a 4.20 credit. Comments: Selling the 16 delta, buying the 14 to emulate dollar cost averaging into the broad market with more room to be wrong than buying shares at market. 9.2% ROC at max; 4.6% at 50% max. Generally, will take profit at 50% max; loss at 2 x credit received. Naturally, yesterday would've been the better day to put this on (i.e., in...
... for a .51 credit. Comments: Buying the 12, selling the 17 delta strikes in the expiry nearest 45 days until expiry to emulate dollar cost averaging into the broad market such that the spread pays at least 10% of the width of the spread.