Closed (IRA): QQQ August 5th 260 Short Put... for a .97 debit.
Comments: (Late Post). Collected a total of 4.31 in credits with rolls. (See Post Below). Closed out today, resulting in a total realized gain of 3.34 ($334).
Shortput
Closed (IRA): IWM August 5th 154 Short Put... for a .49 debit.
Comments: (Late Post). Opened for a 1.56 credit. (See Post Below). Closed it on Friday for .49; 1.07 ($107) profit.
Opened: NVDA August 19th 120 Short Put... for a 1.56 credit.
Comments: An opportunity here to balance units and collect a small credit "BP free" (i.e., it doesn't cost any more buying power to put on) and keep net delta flat or, at least, far less than delta/theta of 1.0. Total credits collected of 34.18 with a resulting delta/theta of 7/70. Now I've got three puts and three calls: 120P/150P/165P/160C/165C/175C with net delta flat wrapped around the 154 or so.
Opened (IRA): SPY September 16th 324 Short Put... for a 3.35 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Going out to the September monthly while I wait for a September 2nd weekly to open up.
Opened (IRA): QQQ September 16th 235 Short Put.... for a 2.74 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Going out to the September monthly while I wait for a September 2nd weekly to open up.
Opened (IRA): IWM September 16th 140 Short Put... for a 1.68 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Going out to September here while I wait for another shorter duration weekly (September 2nd) to open up.
Opened: /ES August 26th 2600 Short Put... for a 3.10 credit.
Comments: Adding a rung to my /ES short put ladder on further weakness/pop in IV. 1.50 max on BPE of 19.95. 7.5% ROC at max; 3.8% ROC at 50% max.
Opening: /ES September 16th 2250 Short Put... for a 3.00 credit.
Comments: Targeting the strike that is at least <75% below where /ES is currently trading that is paying around 3.00 in credit. I already have August 5th, 19th, 26th, and 31st rungs on, so going out a little farther in time and a little lower down the ladder. 1.50 max* on buying power effect of 19.03; 7.9% at max; 4.0% at 50% max.
* -- Due to a 50x instead of 100x multiplier.
Opened (IRA): QQQ August 26th 245 Short Put... for a 2.50 credit.
Comments: (Late Post). Targeting the <16 delta strike in the expiry nearest 45 days' duration paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Opening: /ES August 31st 2550 Short Put... for a 3.10 credit.
Comments: Targeting the strike that is <75% of current price paying around 3.00 in credit. A basic bet that price doesn't go to 2550 in the next 50 days ... .
Closing (IRA): QQQ August 12th 240 Short Put... for a .79 debit.
Comments: Greater than 50% max profit-taking. Filled this for a 2.40 credit. (See Post Below). Closing it out here results in a realized profit of 1.61 ($161).
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.
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.
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.
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.
