Sold $SecPuts RBLXSold $secputs| RBLX 88 strike| for .45c| 3DTE, This is more so of Short Volatility and to Collect Theta (time) decay than a Directional play
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matic Updatei analyse price action tecnique matic update and be happy matic dump
break 2 coming soon big dump
matic buy 1.77 1.45 1.15
Closed (IRA): UAL January 21st 47 Covered Calls... for a 45.41 credit.
Comments: A late IRA house keeping post. This is the last of my reopening trades. My cost basis in my shares was 43.05 (See Post Below) with a bunch of scalping around my covered call. A 2.36 ($236) winner that I'm glad to see the back of, since we have earnings in 11 days, and I'd rather not have single name risk in my IRA.
Rolling (IRA): IWM January 21st 200 Short Put to February 194... for a 1.18 credit.
Comments: More IRA housekeeping. Here, rolling for duration for a realized gain and to the strike paying at least 1% of the strike price in credit. I've collected 2.35 (See Post Below) + 1.18 or 3.53 so far.
Rolling (IRA): SPY March 18th 348 Short Put to 412... for a 3.00 credit.
Comments: Further IRA housecleaning ... . Here, rolling up the 348 intraexpiry for a realized gain to the strike paying at least 1% of the strike price in credit. I've collected a total of 16.07 (See Post Below) + 3.00 or 19.07 ($1907) so far.
Closing (IRA): SPY January 21st 422 Short Put... for a .51 debit.
Comments: Cleaning up my IRA and starting to deploy buying power for the New Year. I collected a total of 19.00 in credits with rolls (See Post Below); closing it out for .51 here results in total realized gains of 18.49. ($1849).
Rolled: ARKK February 18th 94.22 Short Call to 89.22... for a 1.74 credit.
Comments: Yowsa. This continues to implode, so continuing to manage it defensively ... . As of my last roll, I'd collected 15.25 in credits. (See Post Below). With this roll, I've collected a total of 16.99 for what is now an inverted 15-wide: the 89.22C/104.22P with a downside break even of 104.22 - 16.99 or 87.23 relative to today's closing price of 85.58, so I've still got some work to do to get my cost basis at or below where the underlying is currently trading. Alternatively, I need the markets to do some of the work for me by giving me a bounce.
Opened: XOP February 18th 87/117 Short Strangle... for a 2.53 credit.
Comments: High 30-day implied at 45.3%. 2.53 credit on buying power effect of 10.55 (on margin). 24.0% ROC at max; 12.0% ROC at 50% max. Will look to take profit at 50% max; manage sides on approaching worthless/side test.
Closed: MU January 21st 86/97.5 Short Strangle... for a 2.12 debit.
Comments: Total credits collected of 3.23 (See Post Below). Closing it today for 2.12 results in a realized gain of 1.11 ($111), which was my original profit target.
Closed: IWM January 28th 219C/231P Short Strangle... for a 16.48 debit.
Comments: Total credits collected of 16.48 (See Post Below); scratching it out here for exactly that amount. It's possible that I could've still made money on this trade since price was in-between the strikes of my inverted setup, but my preference is to look to scratch these out if given the opportunity and then redeploy the buying power in something more productive from an implied volatility and probability of profit perspective rather than hang out in them attempting to make them winners.
Opened: BITO February 18th 23/42 Short Strangle... for a 1.48 credit.
Comments: Selling premium in the bitcoin futures exchange-traded fund with same delta'd strikes on both sides. High 30-day implied at 76.1%. 1.48 on buying power effect of 22.20; 6.7 ROC %-age at max; 3.3% at 50% max. You know the drill: look to take profit at 50% max; manage sides on approaching worthless/side test.
Closed: XLK January 21st 152/181 Short Strangle... for a 1.21 debit.
Comments: Filed for a 2.42 credit (See Post Below), out today at 50% max. 1.21 ($121) profit. Nice way to end the year.
EURJPYIts making HH HL on 4h and 1H. there are some bearish divergence noticed but we follow simplicity as DOW.
Follow trade plan with discipline.
Rolling: ARKK January 21st 95.22C/104.22P to February 18th... 94.22C/104.22P inverted short strangle for a 3.80 credit.
Comments: Rolling this a smidge early here. Total credits collected of 15.25 as of the last adjustment (See Post Below) plus the credit received for this roll. The setup is inverted by 10.00, so I can still make money on it because I've collected more in credits than the inversion, but am more likely just to scratch it out if I get the opportunity so that I can reload an unbroken setup. I would note that there was a dividend/special distribution on the 29th which affected the strike prices of the setup.
Closed: JETS February 18th 23 Short Straddle... for a 2.55 debit.
Comments: Total credits collected of 3.02 on this puppy. (See Post Below). Closing out today for a small winner (.47/$47).
Closed: /ES February 18th 3590 Short Put... for a .75 ($75) winner.
Comments: Wanted to take profit before year end tax harvesting/window dressing selling. Will look to re-up on weakness/higher volatility.
