OPENING (IRA): QQQ OCTOBER 30TH 245 SHORT PUT

... for a 2.30 credit.

Notes: My 45 days 'til expiry weekly 16 delta short put in the broad market exchange-traded fund with the highest 30-day implied. Here, it's QQQ, with 30-day at 34.70% and expiry-specific implied at 35.0%. Break even at 241.70 with return on capital of .952% at max, 7.72% annualized at max.

Trade closed manually:

Yowsa. What a move ... that I'll take as an opportunity to take a little risk off. Out here for .33 with 18 days to go. In for 2.30, out for .33, 1.97 ($197) profit per contract, 86% of max.