Rolled (Margin): QQQ September 2nd 270 Short Put to the 306... for a 2.47 credit.
Comments: Rolled up the untested side to delta balance. Total credits collected of 8.14 with a resulting delta/theta of 18.13/28.26.
Premiumselling
Rolled (Margin): NVDA to September 16th 4 x 170/220... for a 61.64 debit.
Comments: Had to do this roll piecemeal, but ultimately paid a 61.64 debit in total to recenter to the 25 delta strikes. Up to today, I had collected a total of 71.75 in credits, so my break even is currently 10.11 total (2.52 per contract). I had wanted to take this off before earnings, but it's too big of a loser for me to just walk away from going to keep on plugging away at it.
Closed (IRA): SPY September 16th 365 Short Put... for a 1.80 debit.
Comments: Had been rolling this one for a bit, collecting a total of 12.17. (See Post Below). Bailing here results in a total realized gain of 10.37 ($1037). Still have September 376's, October 333's, and November 18th 340's on.
Rolling (Margin): NVDA August 19th 165 Put to 180... for a 4.66 credit.
Comments: (Late Post). Delta balancing. Additionally, rolled up the 170 short put to the 180 for a 3.45 credit. Resulting delta/theta -115/139.
Rolling (IRA): QQQ August 26th 316 Short Put to October 300... for a 1.08 credit.
Comments: (Late Post). Been rolling this for a while. Total credits collected of 9.38 (See Post Below) plus the 1.08 here for a total of 10.46.
I would rather stay in an options contract versus taking on stock, since you can strike improve an option. Another lesson here is that you'll find it easier to roll for more substantial strike improvement if your option is less monied. Consequently, I took the opportunity to roll here with QQQ price whipping up (at one point in Friday's session) -- to 316.39. Naturally, this doesn't mean that the 300 will expire worthless or otherwise be profitable; it does mean, however, that my cost basis will be lower than it was with the strike at the 316.
Opening (IRA): SPY November 18th 340 Short Put... for a 3.50 credit.
Comments: Part of a longer duration premium selling strategy in SPY when shorter duration isn't paying. Here, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. I'll naturally return to shorter duration stuff if we get weakness and higher IV.
Rolling (Margin): QQQ September 16th 270 Short Put to 280... for a 1.04 credit.
Comments: Delta balancing my September 16th short strangle a smidge here. Total credits collected of 5.74; resulting delta/theta of -13.04/17.31.
Closed (IRA): QQQ September 16th 262 Short Put... for a 1.34 debit.
Comments: Filled this for a 2.66 credit. (See Post Below). Out here a .01 shy of 50% max. 1.32 ($132) profit. Still have a couple straggler rungs on in the August 26th, September 16th contracts.
Closed (IRA): IWM September 16th 157 Short Put... for a .76 debit.
Comments: In for a 1.66 credit (See Post Below); out here at >50% max; .90 ($90) profit.
Closed (IRA): SPY September 16th 356 Short Put... for a 1.77 debit.
Comments: Opened this for a 3.65 credit. (See Post Below). Closing out here at >50% max. 1.88 ($188) profit.
Closed (IRA): QQQ September 2nd 270 Short Put... for a 1.30 debit.
Comments: Opened this for a mere week ago for a 2.82 credit. (See Post Below). Closing out here at >50% max; 1.52 ($152) profit.
Closed (Margin): XBI August 19th 78/86 Short Strangle... for a 3.81 debit.
Comments: Taking a small loser here, since I seem to have been fiddling with it forever. Total credits collected of 3.41. (See Post Below). .40 ($40) realized loss.
Rolled (Margin): BITO August 19th 12C/17P to September 16th... for a .79 credit.
Comments: Not much I can do with this here besides roll out as is, reduce cost basis further. Total credits collected of 4.38 on a five-wide inverted.
Closed (Margin): /ES September 16th 2250 Short Put... for a .55 debit.
Comments: Opened this one for 3.00 (See Post Below). Out here for .55. (3.00 - .55)/2 = 1.225 ($122.50) profit with 50 days to go. Sadly, this was my last rung, but will re-up if we get weakness, higher IV.
Closed (IRA): QQQ September 16th 256 Short Put... for a 1.25 debit.
Comments: Opened this two days ago for a 2.62 credit. (See Post Below). Out today at >50% max for 1.25; 1.37 ($137) profit. Will naturally re-up when we get some red ... .
Closed (Margin): /ES August 31st 2550 Short Put... for a .60 debit.
Comments: Opened for a 3.10 credit (See Post Below); out here for .60. (3.10 - 60)/2 = 1.25 ($125) profit.
Closed (Margin): /ES August 26th 2600 Short Put... for a .50 debit.
Comments: Filled for 3.10 (See Post Below); out here for .50. (3.10 - .50)/2 = 1.30 ($130) profit. Still have August 31st 2550's and September 16th 2250's on ... . Will re-up on weakness/higher IV.
Closed (Margin): /ES August 26th 2700 Short Put... for a .65 debit.
Comments: In for a 3.05 credit (See Post Below); out here for a .65 debit. (3.05 - .65)/2 = 1.20 ($120) profit.
Closed (IRA): IWM September 16th 140 Short Put... for a .39 debit.
Comments: Opened this for 1.68. (See Post Below). Out today at greater than 50% max. 1.29 ($129) profit.
Opened (IRA): QQQ September 16th 256 Short Put... for a 2.62 credit.
Comments: Adding long delta on weakness/higher IV. Targeting the <16 delta strike in the shortest duration contract paying around 1% of the strike price in credit.
Closed (IRA): SPY September 16th 332 Short Put... for a 1.29 debit.
Comments: Filled this for a 3.40 credit (See Post Below). Took it off today at >50% max with 53 days to go. 2.11 ($211) profit.
Opened (IRA): QQQ September 16th 262 Short Put... for a 2.66 credit.
Comments: Targeting the <16 strike in the shortest duration paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Opened (Margin): NVDA August 19th 185 Short Call... for a 3.88 credit.
Comments: Delta balanced back to neutral. Total credits collected of 63.63 with a resulting delta/theta of 2/136.
