... for a .47/contract credit. Comments: Selling some 15 delta premium in the Brazil exchange-traded fund (IVR/IV 83/54) on weakness. .47 on buying power effect of 2.31 (on margin). 20.3% ROC at max; 10.2% ROC at 50% max.
... for a 61.68/contract debit. Comments: After having taken profit on my existing SPY short delta hedge (See Post Below), opening a new one, paying 61.68 for an 81 wide with a 397.32 break even. Selling the front month 30's and buying the back month 90 deltas to provide me with net -60 delta of hedge/contract. I've had to go with "a few" additional units here...
... for a 2.54 credit. Comments: Targeting the <16 delta strike in the expiry nearest 45 days paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Will pause a bit here with additive long delta trades to focus on the housekeeping of shorter duration rungs. I will want to see what I want to (or have to) take...
... for a 1.49 credit. Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit in the expiry nearest 45 days to emulate dollar cost averaging into the broad market.
... for a 4.00 credit. Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit in the expiry nearest 45 days to emulate dollar cost averaging into the broad market.
... for a 1.89 credit. Comments: Rolling down the untested side ... . Total credits collected of 7.04 with 160.46/183.04 break evens. With delta/theta at 29.47/16.08, the setup could benefit from a bounce ... .
... for a 2.93 credit. Comments: Beginning to kind of hate this underlying ... . Rolling in the untested side. Total credits collected of 6.16.
... for a .64 credit. Comments: The slippage sub-18 was somewhat rapid, so I'm probably got in here a little late to defend my July 15th 17 short put, but something is better than nothing. Total credits collected of 1.57 on a one-wide inverted.
... for a 3.35 credit. Comments: Yeesh. Continued weakness with an IVR near 88. Selling the strike paying around 3.00, which happens to be almost 40% below where /ES is currently trading.
... for a 3.45 credit. Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit in the expiry nearest 45 DTE in this protracted weakness.
... for a 1.91 credit. Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit in the expiry nearest 45 DTE.
... for a 2.37 credit. Comments: Keeping on keeping on in this weakness ... . Targeting the <16 delta strike paying around 1% of the strike price in credit in the expiry nearest 45 days. Currently, I have a couple "rungs" that are in-the-money and will consider taking assignment of shares on some of the higher rungs if I can't roll, strike improve, and receive...
... for a 1.76 credit. Comments: Inverting further ... . Total credits collected of 11.65 on a now 10-wide inverted. Delta/theta 38.22/9.49. I don't particularly like that delta/theta metric, but am about as inverted as I want to go.
... for a 1.40 credit. Comments: Rolling down the untested side of my July 22nd short strangle. Total credits collected of 5.20. Delta/theta 23.62/15.41.
... for a 4.00 credit. Comments: Opened on Friday ... . Selling the <16 strike paying around 1% of the strike price in credit in the expiry nearest 45 days. Still well hedged with QQQ long put diagonal, (See Post Below), and SPY long put diagonal, (See Post Below), although price has pushed into the short legs of those, lessening their net delta. ...
... for a 3.05 credit. Comments: Opened on Friday, but ran out of time to post ... . A basic bet that /ES stays well clear of this level through the end of July. Still have July 15th 2960's, July 29th 2850's, July 29th 2700's on.
... for a 1.54 credit. Comments: Opened this on Friday, but ran out of time to post ... . High IVR/IV at 73/76. Selling the 16 delta on both sides. 1.54 credit on buying power of 4.05; 38.0% ROC as a function of buying power at max; 19.0% at 50% max.
... for a .45 credit. Comments: Too many trades, not enough time ... . Rolled this out on Friday for a .45 credit. Total credits collected: .48 (See Post Below) plus the .45 here for a total of .93. The original setup was a spread with the long leg at the 11. It has gone no bid, so I'm leaving it behind as a lotto trade.