Comments: Starting to erect rungs in the second quarter (April, May, June). QQQ doesn't have an April yet, and I already have a SPY rung on out in that contract, so just doing the small caps here. Targeting the <16 delta strike paying around 1% of the strike price in credit.
I'll naturally look to add in shorter duration should we get a bump in IV, but may have to dabble outside the broad market (IWM, QQQ, SPY) box to get paid something decent in shorter duration.
Trade closed manually
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Global Close: Not looking a gift horse in the mouth. Money, taking, running since I'm in excess of goal for the year. Closed for 1.26; .84 ($84) winner.