Looking for a cashflow trade in the smaller accounts.

Sold -1 Jul20 $27 put for $.60. I will continue to wheel, roll, and cashflow this as long as I can.
Trade active: 65% winner on this trade, so rolling out to Aug17 $28 puts for $72 credit.
Trade active: Rolled out for add'l credit on this up move, Sep21 $28 strike for $.24 cr.
Trade closed manually: Closed this trade at $.58 db, around a 40% Winner on this current option.

XLF has returned to no-man's land. where I'm less bullish can at $26, but there's not really any premium to sell a strangle either. I tried to look at rolling up to a synthetic CC again at the $29 strike, but it's just a ways away for me to do.

I'm going to keep an eye on this going forward, just shifting my BP to another ETF for now.

~ $95 profit per contract after figuring in commissions, all in about a month's time. 20% ROC when figuring your BPR.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out