NaughtyPines

Opened (IRA): IWM July 21st 155 Short Put

Long
AMEX:IWM   iShares Russell 2000 ETF
... for a 1.87 credit.

Comments: Did a few things right at the close ... . Went out a smidge more long-dated since I have positions on in April, May, and June. Just looking to get more capital deployed. Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into small caps. Will generally look to do something at 50% max (e.g., roll up, roll out, etc.).
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