... for a 4.30 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the Q's.
Adding at a strike better than what I currently have on in August ... .
... for a 4.50 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the S&P 500 ETF.
Here, adding a strike better than what I currently have on in the August expiry.
Will generally look to take profit at 50% max.
... for a 3.52 credit.
Comments: Adding a rung out in Q4 here with QQQ IVR at 81.0, targeting the <16 delta strike paying around 1% of the strike price in credit.
Will generally look to manage shorter duration rungs as I come to them ... .
Comments: Going ahead and rounding out Q3 rungs here with IVR at 82.7.
September 20th 160: filled for a 1.99 credit
October 18th 150: filled for a 1.61 credit
Will look to manage shorter duration rungs as I come to them ... .
... for a 1.69 credit.
Comments: High IVR/IV at 78.9/34.5. Adding a rung out in July to my SMH position, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the semiconductor ETF.
Generally, will look to take profit on the short put at 50% max.
... for a 4.34 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into S&P 500 ETF, adding at a strike better than what I currently have on.
As with my other broad market, will look to generally take profit at 50% max or -- if assigned -- sell call against at the strike price my short...
... for a 4.34 credit.
Comments: Adding a rung out in Sept at the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging Into the Q's. I already have rungs on in June, July, and August ... .
Will naturally back-track into shorter duration if I can get in at strikes better than what I currently have on.
... for a 2.01 credit.
Comments: High IVR/IV at 75.1/35.1. Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the semiconductor ETF.
I may look to ladder out at intervals if premium remains decent.
Comments: Targeting the <16 delta strikes paying around 1% of the strike price in credit to emulate dollar cost averaging into the small caps ETF.
Adding here on weakness, better strikes than what I currently have on in those expires.
Filled the June 21st for a 1.75 credit; the July 21st 170 for 1.76.
Comments: Getting in at strikes better than what I currently have on in July and August.
July 19th 83: Filled for an .85 credit
August 16th 83: Filled for a 1.11 credit
I'm fine with potentially getting assigned with shares at 83, since they're way below the cost basis of the covered calls I currently have on. I knew this might end up being a very, very long...
... for a 1.82 credit.
Comments: Adding a short put on weakness here to my covered call, which I'm sticking in with to grab the monthly divvy.
I'm okay with being assigned additional shares, since the break even of the June 24 is below the cost basis of what I currently have on. Otherwise, I'm perfectly fine with doing my usual take profit at 50% of...
... for a 4.64 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Was starting to get somewhat worried that we would never have decent IV again. This ain't great, but I'll take it ... . Will generally look to take profit at 50% max.
... for a 4.00 credit.
Comments: Starting to round out my Q3 rungs here on weakness and higher IV, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
... for a 1.78 credit.
Comments: Starting to round out my Q3 rungs here on weakness and higher IV, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Already have June and July rungs on, so going out to August here.
... for a 2.49 credit.
Comments: Adding to my TQQQ position on weakness ... . This is a bit longer-dated than I like to go with shorter duration premium selling, which I like to keep in that 45 DTE wheelhouse, but May has now only 35 days in it, and I like to stick to monthlies in all but the most options liquid underlyings.
Will generally look to take profit...
Comments: Added at strikes better than what I currently have on in weakness, targeting the <16 delta strikes in the respective expiries paying around 1% of the strike price in credit to emulate dollar cost averaging into the small cap ETF.
June 21st 182: Filled for 1.89
July 19th 180: Filled for 2.22
I also briefly looked at QQQ and SPY, but couldn't get in at...
... for a 1.55 credit.
Comments: Probably the last addition to my TLT short put ladder for now. Selling the 83's, targeting a break even that is coincident with the 52-week low.
A basic bet that the Fed cuts rates ... at some point ... with the additional notion being that I won't have to hang out in it nearly as long as the DTE suggests when they do. ...
... for a 1.74 credit.
Comments: Adding a rung at strikes better than what I currently have on. Will generally look to take profit at 50% max or take assignment of shares should that occur and proceed to sell call against.
Metrics:
Buying Power Effect/Break Even/Cost Basis in Shares (If Assigned): 22.26
Max Profit: 1.74 ($174)
ROC %-age at Max: 7.82%
ROC %-age...
