... for a .93 credit. Comments: There isn't much extrinsic left in the deep in-the-money short put, so rolling it out to May to collect additional credit and reduce cost basis further. Total credits collected of 25.86 on what is now a 24.22 inverted with a break even of 76.36 relative to where the underlying is currently trading at 65.37. I'll continue to...
... for a 2.34 credit. Comments: Locking in some realized gains (.72/$72) here by rolling out a smidge early to at-the-money with 28 days to go. Total credits collected of 15.14 relative to the April 1st 201 short straddle price of 16.07, so still a little underwater at the moment.
... for a 2.82 credit. Comments: Targeting the strike paying at least 1% of the strike in credit to emulate dollar cost averaging into the broad market. Will generally look to roll at 50% max or take assignment, sell call against if that occurs.
... for a 4.00 credit. Comments: Targeting the 16 delta or less strike paying at least 1% of the strike price in credit in the shortest duration contract with greater than 45 days until expiry to emulate dollar cost averaging into the broad market.
... for a 6.63 credit. Comments: Selling some fresh premium in the QQQ's. 6.63 credit on buying power effect of 34.20; 19.4% ROC at max as a function of buying power effect; 9.7% at 50% max. Will generally look to take profit at 50% max and/or manage sides on approaching worthless or side test.
... for a 2.95 credit. Comments: Rolling for a small realized gain here at 21 days until expiry. I've collected a total of 15.05 in credits relative to the current March 25th 201 short straddle price of 15.46, so the position is still a smidge underwater. Current break evens: 185.54 on the put side, 216.46 on the call.
... for a 4.25 credit. Comments: Rolling down the call side of my 265 short straddle to the 250 on put side break even test. It's now a 15 wide inverted (250C/265P) short strangle on which I've collected 34.27. Break evens now 230.73 on the put side, 284.07 on the call. Net delta leans long (i.e., it would benefit from a bounce).
... for a 1.47 credit. Comments: Adding to my ARKK position on weakness. Total credits collected of 24.93 with a 78.07 break even relative to where it's currently trading at 66.92. (Ugh). This also wouldn't be bad as a standalone trade, with rank/implied at 78/72, paying 1.47 on buying power of 5.12 (28.7% ROC at max).
.. for a 2.18 credit. Comments: The short put aspect of a long put diagonal, the back month long of which is in June at the 520 strike. Cost basis in the setup is now 63.58 (debit) with a 456.24 break even. By widening the diagonal a bit, I'm increasing not only profit potential, but also shortening net delta of the diagonal a little bit since an at-the-money...
... for a 1.98 credit. Comments: Selling premium in the broad market exchange-traded fund having the highest 30-day on the board, targeting the strike in the shortest duration contract of 45 days or longer that pays at least 1% of the strike price in credit to emulate dollar cost averaging into the broad market. I usually do this on Fridays, but if it's gonna...
... for a 6.67 debit. Comments: Took the opportunity to close out this inverted setup while I had the chance to scratch it out. Collected a total of 6.77, (See Post Below), so made a whopping .10 ($10) on it, which is better than a loss. Rank/implied remains decent at 62/53.6, so may re-up tomorrow depending on what underlyings float to the top of my screener.
... short straddle for a 1.23 credit. Comments: I will probably regret playing through earnings, but throwing a smidge of caution to the wind by uninverting my short strangle and rolling it to the 265 short straddle in March. Total credits collected of 30.02 with break evens of 234.98 on the put side, 295.02 on the call. Will look to roll up untested side on...
... for 9.80/contract debit. Comments: Collected a total of 11.03/contract with various defensive rolls and roll out for duration. (See Post Below). Closed it out today for 9.80, a 1.23 ($123) profit/per contract.
... for a 2.24 debit. Comments: Taking profit here ... . Filled for a 4.02 credit (See Post Below). Closing it out today for 2.24 results in a 1.78 ($178) profit.
... for a .12 debit. Comments: Added this for a .63 credit to my inverted 35C/39P short strangle to rapidify cost basis reduction and improve my break evens. (See Post Below). Since price is back between my short strikes and the short put is approaching worthless, I'm taking it off here. Total credits collected of 6.77 with break evens of 32.23 on the put...
... for a 2.45 credit. Comments: Rolling at 50% max to the April strike paying at least 1% of the strike price in credit. I've collected 3.95 (See Post Below) + 2.45 or 6.40 in credits so far relative to a current price for the April 14th 391 of 3.87, so have realized gains of 2.53 ($253) so far.
... for a 1.46 credit. Comments: Rolling out at 50% max to the strike paying at least 1% of the strike price in credit. I've collected 3.00 (See Post Below) + 1.46 here or 4.46 relative to a current price for the 295 of 2.77, so I've realized gains of 1.69 ($169) so far.
... for a .58 credit. Comments: The 193 isn't at 50% max yet, but it's the highest strike I've got in my short put ladder, so taking the opportunity to both realize a little gain, strike improve, and receive a credit for doing it. Total credits collected of 2.09 (See Post Below) +.58 = 2.67 relative to a current price for the March 31st 178 of 1.93, so I've...