... for a 1.65 debit. Comments: Let this one run a little past 50% max ... . Filled for a 4.00 credit (See Post Below); out for 1.65 here with 28 days to go. 2.35 ($235) profit; 5.11% ROC. Still have the August 13th 3940/3990 and August 20th 3980/4030 on.
... short put vertical for a .57 credit. Comments: Doing a little bit of QQQ here in lieu of SPY due its higher implied volatility (20.2% vs. SPY's 15.7%). Selling the 19, buying 16 in the expiry nearest 45 days until expiry such that the spread pays at least 10% of its width in credit.
... for a 3.90 credit. Comments: Selling the 16, buying the 13 delta strikes to emulate dollar cost averaging into the broad market with more room to be wrong than buying shares at market. 8.46% ROC at max; 4.23% ROC at 50% max. Generally, will take profit at 50% max; take loss at 2 x credit received.
... short put vertical for a .26 debit. Comments: In for a .52 credit (See Post Below), out for .26 here (50% max) with 29 days to go. 5.80% ROC.
... for a 1.80 debit. Comments: In for a 3.60 credit (See Post Below), out here for 1.80 (50% max) with 22 days to go.
... for a 2.35 debit. Notes: Filled for a 4.70 credit (See Post Below) in the triple witching weakness/higher implied volatility environment we had on the 18th; out at 50% max here with 42 days to go. 5.19% ROC for one week's "work." This trade kind of highlights the fact that you want to put these on in weakness and higher implied volatility when you're given...
... for a 4.00 credit. Comments: Selling the 16, buying the 13. As with my small account trade, looking to emulate dollar cost averaging into the broad market with more room to be wrong. Will look to take profit at 50% max; loss at 2 x credit received.
(Short Put Vertical) ... for a 1.05 credit. Comments: Going short put vertical in SPX this go around to emulate dollar cost averaging into the broad market with more room to be wrong than buying shares, just to show that you can trade bigger instruments even in a smaller account. Here, though, the buying power effect gobbles up quite a bit of this little...
... for a .26 debit. Comments: In for .52 (See Post Below), out for .26, $26 profit. 5.80% ROC with 36 days to go.
... for a .27 debit. Comments: In for .54 (See Post Below), out for .27 (50% max), $27 profit, 6.05% ROC with 29 days to go.
... for a 2.00 debit. Comments: In for 4.00 (See Post Below); out for 2.00 (50% max) with 23 days to go. $200 profit; 4.3% ROC.
... for a .53 credit. Notes: As with my SPX 50-wides, looking to emulate dollar cost averaging into the broad market, but in a smaller account. * -- Short Put Vertical.
... for a 4.70 credit. Notes: Selling the 16, buying the 13 on this weakness, looking to emulate dollar cost averaging in with more room to be wrong than buying shares at market. Will look to take profit at 50% max; loss at 2 x credit received.
... for a 2.05 debit. Comments: In for 4.10 (See Post Below), hit my order to take profit at 50% max today with 25 days to go. $205 profit. 4.47% ROC for 18 days' "work" (90.6% annualized).
... for a .52 credit. Comments: A continuation of my "small account" thread, utilizing short put verticals to emulate dollar cost averaging into the broad market. (See Post Below). Sold the 20, bought the 17 to receive a credit >10% of the width of the spread, immediately doing a "good until cancelled" order to take profit at 50% max. Trade Metrics: Max...
... for a .54 credit. Comments: While I'm waiting on various setups I've got hanging out there, I figured I'd start up a thread of sorts for a small account that is on the other end of the account-size spectrum from my IRA/retirement account posts: a small account I opened for a future grandkid or grandkids. There isn't much in it at the moment (around $2000),...
... for a 4.00 credit. Comments: Doing two spreads this week, one in the July 23rd, one in the July 30th expiry. Selling the 16 delta strike and buying the put 50 strikes out from there to emulate dollar cost averaging into the broad market. 8.7% ROC at max; 64.8% annualized. 4.4% ROC at 50% max; 32.4% annualized to 50% max.
... for a 3.60 credit. Comments: Selling the 16 delta strike and buying the put 50 strikes out from there to emulate dollar cost averaging into the broad market with more room to be wrong than buying at-the-money. 7.8% ROC at max; 67.8% annualized at max. 3.9% ROC at 50% max; 33.9% annualized. Generally, take profit at 50%; take loss at 2 x credit received.