... for a .97 credit. Comments: Alas, this could not be meaningfully strike improved, so just rolling it out as is. The deeper the in-the-money it is, the farther out in time you have to go to get paid something decent ... . Collected .79 originally (See Post Below) plus the .97 here for a total of 1.76.
... for an .85 credit. Comments: Another that can't be meaningfully strike improved without paying a debit ... . Collected .75 originally (See Post Below). With the .85 here, 1.60 total. And that ... ends the November contract housekeeping portion of our show. Unfortunately, I'll probably have to do some more of this in the December contract (ugh).
... for a .33 credit. Comments: Rolling down and out ... . Originally collected .89 for the 94 (See Post Below). With the credit received for the roll, I've collected a total of 1.22.
... for a .26 credit. Comments: I could let this ride, but would rather be assigned at a lower strike (if it comes to that). Collected .86 for the 91 (See Post Below). Another .26 here results in 1.08 collected.
In the absence of some kind of face-ripping rally, I'm going to be assigned shares in TLT here shortly, starting with what began as an October 20th 93 short put and an October 20th 89 short put. Here, I'm using short puts as an acquisitional tool, attempting to acquire shares in multi-year weakness, after which I'll proceed to cover the shares with short calls. ...
... for a 4.47 credit. Comments: Had to go out to April here to get paid what I'm looking for, which is no surprise with VIX at 52-week lows. Targeting the shortest duration <16 delta put paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Will naturally look to add in shorter duration should we get a...
... for an 8.15 debit. Comments: The IV in here is redonk (IVR 96/IV 238.6%), no doubt because the merger decision between SAVE and JBLU is in a court room, with the trial scheduled to finish up at year end and a ruling to follow thereafter. At the moment, the buyout proposal is for $33.50/share and/or a $29.80 "Deal-Through Price." While most are probably...
... for a 3.60 credit. Comments: High IV/IVR (115.3%/36.3%). Looking for this to "behave" between the 11.40 and 18.60 break evens for a few weeks ... . Metrics: Max Profit: 3.60 ($360)/contract Profit at 25% Max: .90 ($90) Buying Power Effect: 3.40 ($340)/contract ROC as a Function of Buying Power Effect at 25% Max: 26.5% Break Evens: 11.40/18.60 Delta/Theta:...
... for a 3.51 credit. Comments: Targeting the shortest duration <16 delta put paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Will naturally look to add in shorter duration should we get a sell-off and/or up-tick in IV that makes that worthwhile.
... for a 2.10 credit. 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...
... for a 1.66 credit. Comments: Targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. I'll naturally look to add rungs in shorter duration if we get a sell-off/pop in IV.
"Sorry For the late Upload" Already Target 1 Done Guys 💰💸🚀 BUY ABOVE - 47240 SL - 47080 TARGETS - 47450,47580,47750 SELL BELOW - 47080 SL - 47170 TARGETS - 46930,46760,46500 NO TRADE ZONE - 47080 to 47240 Previous Day High - 47580 Previous Day Low - 47450 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if...
"Sorry For the late Upload" BUY ABOVE - 20960 SL - 20920 TARGETS - 21030,21080,21160 SELL BELOW - 20860 SL - 20920 TARGETS - 20800,20740,20690 NO TRADE ZONE - 20860 to 20960 Previous Day High - 21030 Previous Day Low - 20860 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait...
BUY ABOVE - 47400 SL - 47290 TARGETS - 47580,47770,48000 SELL BELOW - 47190 SL - 47400 TARGETS - 46930,46790,46500 NO TRADE ZONE - 47190 to 47400 Previous Day High - 47580 Previous Day Low - 47190 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle...
BUY ABOVE - 21030 SL - 20960 TARGETS - 21080,21160,21240 SELL BELOW - 20960 SL - 21030 TARGETS - 20900,20850,20800 NO TRADE ZONE - 20960 to 21030 Previous Day High - 21030 Previous Day Low - 20960 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing...
BUY ABOVE - 21000 SL - 20960 TARGETS - 21080,21180,21240 SELL BELOW - 20850 SL - 20900 TARGETS - 20800,20740,20690 NO TRADE ZONE - 20850 to 21000 Previous Day High - 21000 Previous Day Low - 20850 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing...
BUY ABOVE - 47290 SL - 47120 TARGETS - 47520,47770,48000 SELL BELOW - 46760 SL - 46930 TARGETS - 46760,46260,46040 NO TRADE ZONE - 46760 to 47290 Previous Day High - 47290 Previous Day Low - 46500 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle...
BUY ABOVE - 20960 SL - 20900 TARGETS - 21020,21080,21160 SELL BELOW - 20850 SL - 20900 TARGETS - 20800,20740,20690 NO TRADE ZONE - 20890 to 20960 Previous Day High - 20960 Previous Day Low - 20850 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above...