... for a 1.35 debit. Comments: Filled this for 3.70. (See Post Below). Out here for a 1.35 debit. (3.70 - 1.35)/2 = 1.175 ($117.50) profit.
... for a 1.17 debit. Comments: Opened this as part of a three-rung short put ladder for a 3.20 credit. (See Post Below). Out here for 1.17; 2.03 ($203) profit.
... for a 1.10 debit. Comments: Filled this for a 2.57 credit. (See Post Below). Out today for a smidge more than 50% max. 1.47 ($147) profit.
... for an .83 debit. Comments: Opened for a 2.51 credit. (See Post Below). Closing here for .83; 1.68 ($168) profit.
... for a .73 debit. Comments: Filled this for a 2.75 credit. (See Post Below). Out here for a .73 debit. 2.02 ($202) profit.
... for a .23/contract debit. Comments: Opened these for .52/contract. (See Post Below). Closed here for a smidge greater than 50% max with 31 days to go. .29 ($29) profit per contract.
... for a 1.30 debit. Comments: Filled this for a 3.10 credit. (See Post Below). Out here for 1.30. (3.10 - 1.30)/2 = .90 ($90) profit. Will look to add back in rungs on weakness/higher IV, assuming I can get into strikes lower than what I have on currently.
... for an .83 debit. Comments: Filled this for a 1.33 credit. (See Post Below). Out today for a .50 ($50) profit.
... for a 3.34 credit. Comments: (Late Post). Another "synthetic short strangle" I put on on Friday, with the short legs set up around the 25 delta, the longs out from there to obtain a 50% ROC at max metric. 3.34 credit on buying power effect of 6.66; 50.2% at max; 25.1% at 50% max. Will primarily look to roll paired legs (short call/long put, short put/long...
... for a 3.20 credit. Comments: Adding a rung out in January after taking off higher rungs in November ... . Targeting the <75% of current price strike paying around 3.00. 1.60 max on BPE of 12.42; 12.9% ROC as a function of buying power effect; 6.4% at 50% max. A basic bet that we either (a) don't see 1600 by January opex; or (b) the contract reaches >50%...
... for a 2.37 credit. Comments: My weekly, broad market exchange-traded fund short put in the symbol with the highest 30-day, targeting the <16 strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
... for a 1.20 debit. Comments: Taking off some risk/drying out some powder here for "the next one." Filled this for a 3.30 credit. (See Post Below). Taking it off here for 1.20. (3.30 - 1.20)/2 = 1.05 ($105) profit.
... for a 1.05 debit. Comments: Filled this for a 3.10 credit. (See Post Below). Closing here for 1.05. (3.10 - 1.05)/2 = 1.025 ($102.50) profit.
... for a 6.13 credit. Comments: Putzing a bit with these so-called "synthetic short strangles" ... . Selling the 25's on both sides and erecting long wings out from there. I had to go oddball width with the wings (18.00) to keep the setup symmetrical, since there's only 5-wides on the put side. 6.13 credit on buying power effect of 11.87; 51.6% ROC as a...
... for a 6.93 credit. Comments: Rolling this out "as is," betting that this weakens ... eventually. Total credits collected of 17.94. Resulting delta/theta of -46.61/22.04 with break evens of 109.06 on the put side; 144.94 on the call side.
Opened another tranche in this weakness, targeting successive <16 delta strikes paying around 1% of the strike price in credit. Paid 2.72 for the January 20th 270, 2.58 for the February 17th 250, and 2.41 for the March 17th 230. Will generally take profit at 50% max or take assignment, sell call against if that occurs.
... for a 2.80 credit. Comments: My weekly, broad market short put in the exchange-traded fund with the highest 30-day IV, targeting the <16 delta strike paying around 1% of the strike price in credit.
... for a 3.15 credit. Comments: Adding a smidge back in, after taking off a couple of my higher risk rungs in October. 1.575 ($157.50) max on BPE of 13.75 ($1375); 11.5% ROC (50.0% annualized) as a function of buying power effect; 5.7% at 50% max (25.0% annualized). A basic bet that the S&P doesn't lose 50% of its value by year end.