... for a 1.42 credit. Comments: With only 14 days to go and at >50% max, rolling this down and out to the 16 delta strike nearest 45 days until expiry. Total credits collected of 6.55 (See Post Below) + 1.42 = 7.97 relative to the July 2nd 200 current price of 2.04, so I've realized a gain of 5.93 so far.
... for a 5.20 credit. Comments: Selling the short put vertical nearest 45 days until expiry that pays at least 10% of the width of the spread. Generally, take profit at 50% max.
... for an 8.50/contract debit. Notes: I'm not all that confident that this stays above 25, so taking profit here. My cost basis was 7.76/contract (See Post Below), so .74 ($74) profit per contract here on a 9 wide (8.22% ROC).
... for an .11 credit. Comments: Here, doing a little "window dressing" rolling ... . With the 297 at greater than 50% max (See Post Below), rolling it down and out in duration a little bit for a realized gain and a small credit. Here, I just want to take profit up to this point and reduce risk (since the 288 is farther away from current price than the 297,...
... for a 2.38 credit. Comments: Weakened quite a bit into the close, so phone-app'd my weekly, 16 delta short put in the broad market exchange-traded fund with the highest 30-day in the contract nearest 45 days until expiry. Will look to take profit via roll or close on approaching worthless or, alternatively, take assignment of shares and sell call against if...
RIOT announces earnings on Monday, so I'm not keen on stepping in front of what is likely to be a moving bus. However, I may consider something post-earnings and wanted to price things out here ahead of time to give me some idea as to where I might want to set up up my tent and what that might be paying. Unfortunately, the weeklies aren't that great for...
Here's what's paying for premium sellers as of Friday's close ... . For those of you not familiar with my general process, my general order of preference is to trade (a) broad market; (b) sector exchange-traded funds; and (c) single name, in that order. If broad market isn't paying, I look at exchange-traded funds, and -- if those aren't paying -- I look at...
... for a 1.74/contract credit. Notes: High rank/implied at 60/61 with expiry-specific implied at 56. As with ARKK, oddball strike values. Here, selling the 15.5 delta out in July. 2.93% ROC at max as a function of notional risk.
... for an .80/contract credit. Notes: With the 144's at 50% max, rolling out and down to the 28 delta strike in August. Total credits collected of 7.93/contract (See Post Below) versus a short call value of 1.61 = realized gain of 6.32 so far. I last acquired at around 110/share, so am fine here with being called away (even though I don't think that's going...
... for a 5.10 credit. Notes: A bullish assumption short put vertical paying at least 10% of the width of the spread in the expiry nearest 45 days until expiry. Will generally look to take profit at 50% max or so.
... for a 2.32 credit. Notes: Selling the 16 delta strike nearest 45 days until expiry in the broad market exchange-traded fund having the highest 30-day implied volatility. Will take profit on approaching worthless/take on shares, sell call against if in-the-money at expiry. 1.21% ROC at max as a function of notional risk.
... for a 1.64 credit. Notes: With only .48 or so of extrinsic left in it, rolling out the May 28th 200 (See Post Below) to the June 30th 200 (51 days, 16 delta) for a 1.65 credit and a realized gain on this little bit of weakness here. Total credits collected of 3.79 versus a current contract value for the June 30th 200 of 2.16, so I've realized profits of...
... for a 3.01 credit. Notes: Although IWM has the highest 30-day implied out of the broad market exchange-traded funds (SPY, IWM, QQQ, DIA), selling some QQQ 16 delta on weakness in the expiry nearest 45 days.
... for a 1.94/contract credit. Notes: 30-day implied at 56% and weak. I don't what the particular reason for the oddball strikes is, but rolling with it. 2.26% ROC at max as a function of notional risk. Generally, will take profit on approaching worthless or take assignment, sell call against if that happens.
... for a 5.10 credit. Notes: A 50-wide paying at least 10% of the width of the spread in the expiry nearest 45 days until expiry. Will look to take profit at 50% max; take loss at 2 x credit received.
... at 50% max. Notes: In for 5.10 (See Post Below), out at 50% max. 2.55 ($255) winner, 5.0% ROC for 6 days' worth of "work."
... for a 1.89 credit. Notes: With a mere .35 left in the 204 and only 11 days to go, rolling down and out to the June 25th 202.5 (17 delta) for a realized gain (See Post Below). Total credits collected of 4.12 versus a current short put value of 2.21, so I've realized a gain of 1.91 on this one so far.
... for a 1.50/contract credit. Notes: Weakness and a 30-day implied at 36.63%. 1.32% ROC as a function of notional risk.