Opening (IRA): DIA June 16th 285 Short Put
... for a 2.99 credit.
Comments: I don't usually play DIA because its volatility is generally lower than the rest of the majors (which is why I'm having to go out to June to get paid for a <16 delta short put). My IWM, QQQ, and SPY positions are getting somewhat crowded here, so just putting a smidge on. As usual, targeting the <16 delta strike paying around 1% of the strike price in credit.
Comments: I don't usually play DIA because its volatility is generally lower than the rest of the majors (which is why I'm having to go out to June to get paid for a <16 delta short put). My IWM, QQQ, and SPY positions are getting somewhat crowded here, so just putting a smidge on. As usual, targeting the <16 delta strike paying around 1% of the strike price in credit.
Trade closed manually:
Closed for a 1.23 debit. 1.76 ($176) profit.