Opening (IRA): IWM August 26th 150 Short Put... for a 1.54 credit.
Comments: Replacing the shorter duration long delta I just stripped off, but at a lower strike and in longer duration.
Premiumselling
Closed (IRA): IWM July 29th 155 Short Put... for a .58 debit.
Comments: Opened this for a 1.61 credit. (See Post Below). Closing out here at >50% max, 1.03 ($103) profit.
Opening: QQQ August 26th 255/316 Short Strangle... for a 5.87 credit.
Comments: Selling the 17 delta strikes on both sides. 5.87 credit on buying power effect of 28.92; 20.3% ROC as a function of buying power effect; 10.1% ROC at 50% max. Will adjust on delta/theta skew out to >1.0.
Closing: QQQ August 19th 250/316 Short Strangle... for 4.17.
Comments: Plain Jane profit-taking. Total credits collected of 6.06 (See Post Below); out here for 4.17. 1.89 ($189) profit with 38 days to go. Will reset in the 45 day weekly shortly.
Opened (IRA): SPY September 16th 332 Short Put... for a 3.40 credit.
Comments: Replacing some of the shorter duration long delta I stripped off Friday and today in longer duration and lower strikes. Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. I would've used the August 26th expiry, but have a rung on in there and only 5-wides are available where I'd want to pitch my tent.
Closing (IRA): SPY July 29th 350 Short Put... for a .98 debit.
Comments: Filled for a 4.00 credit (See Post Below). Out at >50 max; 3.02 ($302) profit.
Opening: /ES August 26th 2700 Short Put... for a 3.05 credit.
Comments: Targeting the strike that is <75% of current price paying around 3.00 in credit in the contract that is around 45 days until expiry. 1.525 ($152.50) max* on buying power effect of 6.27. 24.3% ROC at max as a function of buying power effect; 12.2% at 50% max. Still have August 5th 2700's, August 19th 2100's on.
* -- Due to 50x multipler.
Opening (IRA): IWM August 26th 150 Short Put... for a 1.49 credit.
Comments: Targeting the <16 strike paying around 1% of the strike price in credit in the expiry nearest 45 days. I added a rung in this expiry on Friday at the 155, so am just adding a smidge at a lower strike on weakness and uptick in implied volatility.
Opened: NVDA August 19th 165 Short Call... for a 5.57 credit.
Comments: Delta balancing/reverse gamma scalping on net delta skew out. Total credits collected of 37.03. Resulting delta/theta: 13/76.
Closed (IRA): QQQ July 22nd 260 Short Put... for a .55 debit.
Comments: Plain Jane profit-taking at >50% max. Opened this for a 2.66 credit (See Post Below). Closing here for .55; 2.11 ($211) profit.
Closing (IRA): QQQ July 22nd 265 Short Put... for an .82 debit.
Comments: Plain Jane profit-taking at >50% max. Opened for a 2.69 credit (See Post Below); closing here for .82. 1.87 ($187) profit.
Opening (IRA): QQQ August 26th 250 Short Put... for a 2.70 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit in the broad market exchange-traded fund with the highest 30-day to emulate dollar cost averaging into the broad market.
Rolling (IRA): QQQ July 15th 318 Short Put to August 26th 316... for a 1.00 even.
Comments: 4 days to go. Gotta roll out or opt for taking assignment of shares, selling call against. Total credits collected of 8.38 (See Post Below) plus the 1.00 here for 9.38.
Rolling (IRA): SPY July 15th 400 Short Put to August 26th 391... for a 1.04 credit.
Comments: With only 4 days to go, rolling this down and out instead of taking assignment of shares at the 400 strike and selling call against. I'll keep rolling down and out as long as that remains somewhat productive.
Total credits collected of 11.37 (See Post Below) plus the 1.04 here for a total of 12.41.
Opened (IRA): SPY August 26th 350 Short Put... for a 3.65 credit.
Comments: (Late Post). I did a ton of stuff on Friday, and (I think) this was the last one. SPY 30-day IV has dropped sub-25%, so it may shortly not be worth it to sell premium in it in <45 DTE duration where I want to pitch my tent (16 delta or less).
QQQ still has the highest 30-day (30.6%), followed by IWM (29.3%), followed by SPY (24.0%), so I'll continue to hammer away at the Q's and secondarily IWM while they still have juice in them.
Closed (IRA): QQQ July 15th 270 Short Put... for a .20 debit.
Comments: (Late Post). Friday ... was busy. Opened for a 2.87 credit (See Post Below). Closed on Friday for a .20 debit. 2.67 ($267) profit.
Closed (IRA): QQQ July 15th 275 Short Put... for a .35 debit.
Comments: (Late Post). Opened for a 2.81 credit. (See Post Below). Closed out on Friday with 7 days to go for .35; 2.46 ($246) profit.
Rolled (IRA): IWM July 22nd 169 Short Put to August 26th 155... for a .25 credit.
Comments: (Late Post). Didn't collect much credit here, but this is the highest strike rung of my short put ladder and would prefer rolling it out of harm's way/to a lower cost basis strike since the market's given me the opportunity here. Total credits collected of 4.79 (See Post Below) plus the .25 here for a total of 5.04.
Rolled: XBI August 19th 70 Short Put to 78... for a 1.64 credit.
Comments: (Late Post). Delta balancing. Total credits collected of 3.41.
Rolled: IWM August 19th 158 Short Put to 162... for a .65 credit.
Comments: (Late Post). Rolled up the short put side of my short strangle to delta balance. Total credits collected of 4.73.
Opened (IRA): QQQ August 26th 255 Short Put... for a 3.06 credit.
Comments: Adding some long delta back in after taking profit on shorter duration rungs. Targeting the <16 delta strike paying around 1% of the strike price in credit.
Opening (IRA): IWM August 19th 156 Short Put... for a 1.64 credit.
Comments: Adding some long delta back in here after taking profit on some rungs earlier. Targeting the <16 delta strike paying around 1% of the strike price in credit.
Closing (IRA): SMH August 19th 150 Short Put... for a .62 debit.
Comments: Taking profit at >50% max. Opened for a 1.54 credit (See Post Below). Closing here for a .62 debit; .92 ($92) profit. Still have the August 19th 175's on.
