Rolling (IRA): IWM July 23rd 205 Short Put to August 13th 212.5... for a 1.38 credit.
Comments: With a mere .38 of extrinsic left in the July 23rd 205, rolling out to the 16 delta strike nearest 45 days until expiry. Total credits collected of 5.81 (See Post Below) + 1.38 or 7.19 versus a current value for the August 13th 212.5 of 1.77, so I've realized gains of 7.19 - 1.77 or 5.42 ($542) on this puppy so far.
Shortput
Rolling (IRA): SPY November 19th 290 Short Put to the 345... for a 2.14 credit.
Comments: Here, I don't want to extend duration, so am just rolling the short put up intraexpiry at 50% max to the strike paying at least 1% of the strike in credit. Total credits collected of 4.05 (See Post Below) + 2.14 = 6.19 relative to a current value for the November 19th 345 of 3.48, so I've realized gains of 6.19 - 3.48 = 2.71 ($271) so far.
Rolling (IRA): SPY August 20th 381 to September 30th 378... for a 2.04 credit.
Comments: Mechanically rolling at 50% max. Here, I'm rolling out to the quarterly expiry strike that pays at least 1% of the strike price in credit (the September monthly is getting kind of crowded), which happens to be a lower strike. Credits collected so far: 16.31 (See Post Below) + 2.04 = 18.35 relative to a current price for the September 30th 378 of 3.77, so I've realized gains of 18.35 - 3.77 = 14.58 ($1458).
Rolling (IRA): SPY August 20th 378 Short Put to September 386for a 2.27 credit.
Notes: With the August 20th 378 at >50% max, rolling it out mechanically to the next monthly strike paying at least 1% of the strike price in credit. I've collected 11.31 (See Post Below) + 2.27 in credits so far or 13.58 ($1358) relative to the September 17th 386 current price of 3.86, so have realized gains of 13.58 - 3.86 or 9.72 ($972) so far.
Opening (IRA): TAN August 20th 75 Short Put... for a 1.32/contract credit.
Comments: One of the exchange-traded funds that still has a 30-day implied of greater than 35% here (it's 38.8% at the moment) with expiry-specific at 40.3%. Unfortunately, it doesn't line up fantastically with price action; the strike is above the previous swing low around 68. However, I'm fine with taking assignment if that happens and proceeding to sell call against.
Rolling (IRA): IWM July 16th 199 Short Put to July 30th 205... for a 1.07 credit.
Comments: Instead of adding units, rolling this puppy out on weakness. Total credits collected of 3.59 (See Post Below) + 1.07 = 4.66 versus a short put value of 1.83, so I've realized gains of 2.83 ($283) on this so far.
Opening (IRA): MJ August 20th 18 Short Put... for a .49/contract credit.
Notes: There isn't much left on the board with 30-day implied >35% in the exchange-traded fund space, but MJ is one of them with 30-day at 41.6% and expiry-specific at 50.1%. The others: ARKK (40%), ARKG (39%), GDXJ (36%), and XME (35%). Had to go a little more aggressive here delta-wise than usual: the 18 is at the 22 delta or so; the 17, at the 14. ROC of 2.8% at max.
Closing (IRA): IWM July 2nd 200 Short Put... for a .33 debit.
Comments: Decided to close this kind of at the last minute ... . With 21 days to go, there wasn't much a ton of juice left to squeeze out of it. Collected a total of 6.55 in credits with rolls and such (See Post Below). Closing here results in 6.22 ($622) of realized gains. Was hoping for some increased implied volatility and a little bit more of a move off of the top of the range to roll into, but didn't get it.
Rolling (IRA): SPY October 15th 307 Short Put to the 355... for a 2.15 credit.
Comments: You know the drill ... . 50% max roll. With the October 15th 307 at >50% max, rolling it up intraexpiry to the strike paying at least 1% of the value of the strike in credit. Total credits collected now 5.82 (See Post Below) + 2.15 = 7.97 versus a current value for the 355 of 3.66, so I've realized gains of 7.97 - 3.66 = 4.31 ($431) so far.
Rolling (IRA): SPY September 17th 324 Short Put to the 372... for a 2.31 credit.
Comments: Part of a longer-dated premium selling strategy ... . With the 324 at >50% max, rolling up to the strike paying at least 1% of the value of the strike. I've collected 6.04 (See Post Below) + 2.31 so far or 8.35 versus the September 17th 372's value of 3.67, so I've realized gains of 8.35 - 3.67 or 4.68 or $468 so far.
Closing (IRA): QQQ July 2nd 294 Short Put... for a .33 debit.
Comments: Profit-taking here on a contract that I did a "window dressing" roll on. (See Post Below). Total of 3.05 collected; out for .33 here; 2.72 ($272) profit with 21 days to go. As with my IWM, I considered rolling, but implied volatility is at the very low end of its 52-week range and 30-day has dropped sub-20.
Closing (IRA): IWM July 2nd 197.5 Short Put... for a .37 debit.
Comments: In for 2.38 (See Post Below), out for .37 here, 2.01 ($201) gross profit with 21 days to go. I considered rolling, but rank/implied is at 1.6/23.5%. The 1.6 means the implied volatility is at the very low end of its 52-week range, and the 23.5% 30-day isn't great, so will wait for weakness and an accompanying volatility pop to consider adding back in. At any rate, still have the July 2nd 200's, July 16th 199's, and the July 23rd 205's yet.
Closing (IRA): ARKG July 16th 61.21 Short Put... for a .23/contract credit.
Comments: Put on when the expiry-specific implied was at 56% (See Post Below), it's crushed in here to 38.8%, so I got movement away from the short put strike + volatility crush. No sense in hanging out another 36 days for the remainder of the extrinsic. In for 1.74; out for .23; 1.51 ($151) profit/contract.
Closing (IRA): IWM June 30th 200 Short Put... for a .31 debit.
Comments: Collected a total of 3.79, (See Post Below). 3.79 - .31 = 3.48 ($348) profit. Closed today rather than rolling, since IWM implied has come in quite a bit; it's currently 22.4% and at the very bottom of its 52-week range. I also still have contracts in the July 2nd weekly, the July 16th monthly, and the July 23rd weekly, so not adding more in July won't kill me.
Closing (IRA): MJ July 18th 18 Short Put... for .14/per contract.
Comments: In for .48 (See Post Below), out for .14. .34 ($34)/contract profit with 39 days to go. No sense in hanging out another 39 days for the remaining .14. Implied is still pretty decent here with 30-day at 44.8%, so may re-up in a bit when an August monthly becomes available, assuming the volatility is still there.
Rolling (IRA): SPY December 17th 240 to 297 Short Put... for a 1.75 credit.
Comments: In this particular case, I don't want to extend duration (since it's already ridiculously long-dated as it is), so am just rolling up intraexpiry for a credit at around 50% max. Total credits collected of 3.33 (See Post Below) + 1.75 = 5.08 versus a short put value of 3.03 here, so I've realized a gain of 2.05 ($205) so far.
Rolling (IRA): SPY August 20th 345 to September 17th 358... short put for a 1.94 credit.
Comments: At 50% max, rolling month to month to the strike paying at least 1% of the strike in credit (i.e., the 358 is paying 3.60, which is just a smidge over 1%). Total credits collected of 7.07 (See Post Below) plus 1.94 = 9.01 versus a current short put value of 3.60 = a realized gain of 5.41 ($541) so far.
Rolling (IRA): SPY July 16th 385 Short Put to August 20th 381... for a 2.01 credit.
Comments: With the July 16th 385 approaching 50% max, rolling month to month to the strike that pays at least 1% of the strike in credit. Total credits collected of 14.12 (See Post Below) plus 2.01 = 16.13 versus a value for the August 381 short put of 3.78 or so (i.e., a realized gain of 16.13 - 3.78 or 12.35 ($1235).
Rolling (IRA): QQQ June 30th 288 to July 23rd 305 Short Put... for a 2.22 credit.
Comments: Total credits collected of 3.10 (See Post Below) + 2.22 = 5.32 versus a short put value of 2.32 = a realized gain of 3.00 so far. Previously, I rolled down and out as a "window dressing" roll, but like the idea of being in all three majors (SPY, IWM, and QQQ) to take advantage of some rotational stuff going on, so decided to stay in the play and roll out. Naturally, rolling on a red day or a series of red days would have been more ideal ... .
Rolling (IRA): IWM June 25th 202.5 Short Put to July 23rd 205... for a 1.69 credit.
Comments: Was hoping for a red day here after yesterday's price action, but can't have everything. In any event: with only .58 or so left in the 202.5, rolling out to the July 23rd 16 delta strike at the 205 for a 1.69 credit in lieu of adding units. Total credits collected of 4.12 (See Post Below) + 1.69 or 5.81 versus the 205's current value of around 2.30, so I've realized a gain of 3.50 or so far.