... for a 3.30 credit. Comments: Opening another short put rung on weakness ... .
... for a 3.55 credit. Comments: After having closed the March 31st 2000 short put for a small profit, adding back in a rung to delta balance, which I get nearly buying power free.
... for a .50 credit. Comments: My position has skewed out to delta/theta >1.0, so I looked at doing a small adjustment here. My options were: (a) take off profitable short delta (there isn't any at the moment); (b) add a skewed strangle as I did before; (c) roll up a profitable short put; or (d) sell a brand new put. I was looking to pick up around +6 delta...
... for a 3.20 credit. Comments: Adding back in a rung nearly buying power free. Will look to add in shorter-dated rungs, assuming I can do them at strikes lower than what I've currently got on for the around 3.00 in credit I've been looking to get out of these.
... for a 1.60 credit. Comments: Selling /CL premium on weakness, but giving myself plenty of room to be wrong, targeting the strike that is 50% of current price that has an ROC metric of >10%. 1.60 credit on buying power effect of 9.71. 16.5% ROC as a function of buying power effect; 8.2% at 50% max.
... for a 3.00 credit. Comments: After having taken off my most-at risk strike in the February 28th expiry at the 2200 strike, adding back in a rung in longer duration, but lower down the ladder ... and virtually buying power free due to the size of the short delta in my one short call relative to the long delta in my short puts.
... for a 3.45 credit. Comments: An additive long delta trade that I get nearly buying power free due to /ES position net delta, now targeting the 50% of current price strike for around 3.00 in credit. As usual, will generally look to take profit at 50% max, but won't hesitate to take more at-risk strikes off for less with the current most at-risk strike being...
... for a 3.00 credit. Comments: After adjustment of the short delta aspect of this setup, getting this long delta additive trade nearly buying power free ... . As before, targeting the <75% of current price strike paying around 3.00 in credit.
... for a 1.62 credit. Comments: Squeezing in some rungs where I can, targeting the <16 delta strike in the shortest duration paying around 1% of the strike price in credit.
... for a 3.30 credit. Comments: After taking off my most at-risk strike at 50% max, doing an additive long delta rung here, which I get for fairly cheap from a buying power standpoint. 1.65 max on BPE of 3.19.
... for a 2.91 credit. Comments: Wouldn't it be nice if I could get out of the last of these trouble-makers by year end? Total credits collected of 5.70 (See Post Below) plus the 2.91 here for a total of 8.61.
... for a 3.40 credit. Comments: Getting this additive long delta adjustment trade nearly buying power free -- for <.70.
... 275 for a 2.71 credit. Comments: With a week to go, rolling down and out. Total credits collected of 2.99 (See Post Below), plus the 2.71 here for 5.70.
... for a 1.70 credit. Comments: Taking a small, far out-of-the-money trade on weakness here, targeting the strike paying around 10% of buying power effect in credit. 1.70 credit on BPE of 16.32; 10.4% ROC at max; 5.2% ROC at 50% max as a function of buying power effect.
... for a 2.31 credit. Comments: Part of a longer-dated strategy in SPY targeting the <16 strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Will generally look to roll at 50% max, whenever that occurs. Naturally, I'll deploy into shorter duration if we get weakness plus a higher implied volatility environment.
... for a 3.70 credit. Comments: A 2023 starter position, targeting the <16 delta strike paying around 1% of the strike price in credit.
... for a 2.50 credit. Comments: Starting to deploy a smidge into the new year, targeting the <16 delta strike paying around 1% of the strike price in credit.
... for a 2.77 credit. Comments: Total credits collected of 5.94 (See Post Below) plus the 2.77 here for a total of 8.71.