... 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.
... for a 1.20 credit. Comments: Adding a rung out in the Dec 29th expiry at a strike better than what I currently have on. Since I'm in an acquisitional frame of mind with TLT, I'm pretty much going to run with these until they're approaching worthless (i.e., <.05). If I get assigned, I'll proceed to sell call against.
... for a .42 credit. Comments: Received an .88 credit for the 88 (See Post Below); rolling it down and out for a .42 credit. Total credits collected of 1.30. If I'm going to get assigned, lower is naturally better, even if it's only a strike ... .
... for a .65 credit. Comments: Down a smidge and out. .76 collected originally. (See Post Below). With the .65 collected for the roll, 1.41 total.
... for a .65 credit. Comments: Originally opened this for .77 (See Post Below); rolling down and out for a .65 credit. Total credits collected of 1.42. I may still get assigned, but at a slightly better price than were I to just have left it alone.
... for a .85 credit. Comments: Targeting the strike paying around 1% of the strike price in credit, looking to acquire shares should we get "down there." I would've erected a rung in shorter duration, but didn't want to do that if I couldn't get in at a strike that was better than what I currently have on.
... for a 1.12 credit. Comments: Squeezing in another rung in the December monthly at the 28 delta 89 strike ... . Since I'm getting kind of a spaghetti works here, will primarily look to add in the 45 DTE weeklies and manage the rest of the pasta as duration in those positions shortens.
Comments: Targeting the 16 delta strike here in successive expiries to generate free cash flow and emulate dollar cost averaging into 20 year+ maturity paper. October 20th 89: .77 credit. November 17th 87: .76 credit. December 15th 86: .84 credit. Since these aren't paying buckets of cash on a per contract basis, I'll look to manage these on extrinsic...
Comments: Targeting the 16 delta strikes in November and December to erect rungs at strikes better than what I currently have on to emulate dollar cost averaging into 20 year+ maturity paper. November 17th 86: .83 credit December 15th 84: .79 credit Here, I'm fine with getting assigned and proceeding to sell short call against, but want to get in at the biggest...
... for a 4.15 credit. Comments: Adding a rung in the first quarter, 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. Since I have next to nothing on, I'll look to add on weakness and/or upticks in IV ... .
... for a 1.72 credit. Comments: Adding another rung to my TSLA (IV 54.9%) position at a strike better than what I currently have on in December at the 175, targeting the strike paying around 1% of the strike price in credit.
... for a 3.24 credit. Comments: A starter position for 2024 Q1, targeting the shortest duration <16 delta put paying around 1% of the strike price in credit. Naturally, should IV pop (and price drop), I'll look to put on additional rungs in shorter duration.
... for a .96 credit. Comments: How ... low ... can you go? Targeting the 16 delta strike out in February at a strike better than what I currently have on in shorter duration expiries.
Comments: Targeting the strikes paying around 1% of the strike price in credit at strikes better than what I currently have on. The basic bet here: that interest rates decline ... at some point. (And, yes, it's been a somewhat painful trade so far ... ). December 15th 77: .85 credit January 19th 75: .84 credit
... for a .70 credit. Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit. Basically, just building a position here on this weakness.
... for a 1.92 credit. Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into Tesla. I already have a November 17th 190 on, so going out to December here.
... for a 1.54 credit. Comments: Adding a rung here at a strike better than what I current have on, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the underlying without actually being in the stock. 30-day IV remains relatively high here at 52.2% ... .