Rolling (IRA): QQQ July 29th 294 Short Put to September 16th 278... for a .54 credit.
Comments: (Late Post). This one ... I've been rolling for "a bit." Total credits collected of 13.55 (See Post Below) plus the .54 here for a total of 14.09. Rolled it out partly on this strength here and partly because this was my last setup in July in the IRA, so that I could say that "I am now out of July."
Shortput
Closed (IRA): SPY August 19th 338 Short Put... for a 1.16 debit.
Comments: (Late Post). Opened this for a 3.45 credit. (See Post Below). Closed it out on Friday for 1.16; 2.29 ($229) profit. Will look to replace some of the long delta I took off on Friday in the coming days, assuming we get some weakness, higher IV.
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): 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.
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): 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.
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.