... 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 4.50 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 3.90 credit. Comments: Starting to tip-toe into Q3 (July/August/September) contracts in broad market (IWM, SPY, QQQ). Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. As usual, will look to sell in shorter duration on weakness, assuming I can get in at strikes...
... for a 4.09 credit. Comments: Finally, a bit of weakness ... . Targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging in without actually being in stock.
... 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.
... 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 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 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...
... for a 1.19 credit. Comments: Laddering out at intervals ... . Targeting the strike that would result in a break even around the 52-week low on weakness here. A basic bet that the Fed cuts rates ... at some point. I already have rungs on in July through Nov, so adding one here in Dec. This is complimentary to the covered calls I have on In January (See...
... for a 1.82 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. There is no July contract yet, but June is still paying at <16 delta ... .
... for a 1.23 credit. Comments: Adding to my covered call position (See Post Below) on weakness, converting the covered call into a covered strangle (i.e., short put + stock + short call). I went with April, since May appeared to be shit illiquid at where I'd want to pitch my tent. I'm fine with being assigned additional stock here at the 26 strike, since my...
... for a .55 credit. Comments: With the June 86 at greater than 50% max, rolled it down and out to the November 15th 83 for a .55 credit (where I currently don't have a "rung" on). I collected .93 for the June 86; with the .55 here, I've collected a total of 1.18. Primarily looking to reduce a smidge of risk in this position, since my highest strike is at the 86.
... for a 1.54 credit. Comments: Adding a short put component to my TQQQ covered call (See Post Below) here on weakness. Metrics: Break Even/Buying Power Effect/Resulting Cost Basis In Stock: 50.46 Max Profit: 1.53/$153 ROC at Max: 3.03% ROC at 50% Max: 1.52% Will generally look to take profit on the covered call component at 50% max and the short put...
... for a 1.08 credit. Comments: Laddering out on weakness, targeting the strike paying around 1% of the strike price in credit at or below the cost basis of the shares I've currently got.
... for a .98 credit. Comments: Laddering out at intervals at strikes between 85 and 82, assuming they're paying. This is naturally longer-dated than most will want to go, but is part of a TLT position made up of covered calls (stock + short call) and short puts, so that I'm getting paid for (a) short call premium; (b) dividends; and (c) short put premium over...
... for a 1.63 credit. Comments: Laddering out at intervals, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Will start looking at adding in shorter duration if I can get in at strikes better than what I currently have on.
AMD vs. NVDA: When looking at these two stocks it's clear that NVDA is the clear winner and will maintain its pricing power over alternatives. NVDA's Gross margin (75.97%) is +35.57% that of AMD (40.4%). Although AMD has a low price to sales ratio this is likely due to them having a "Walmart sales model". High volume, low margin. This is illustrated...