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% ... .
... for a 1.64 credit. Comments: Adding fourth quarter rungs here in broad market, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
... for a 1.75 credit. Comments: Targeting the shortest duration <16 delta short put paying around 1% of the strike price in credit to emulate dollar cost averaging into the Russell 2000 exchange-traded fund.
Comments: Targeting the <16 delta short put strikes paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. December 15th 160: 1.64 credit December 29th 157: 1.63 credit January 19th 153: 1.57 credit
... for a 1.58 credit. Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. I would've gone shorter duration, but already have rungs camped out at where I would've pitched my tent, so starting to building out first quarter rungs here.
... for a 1.59 credit. Comments: Targeting the <16 delta short put in the shortest duration paying around 1% of the strike price in credit.
... for a 33.04 debit. Comments: Selling the monied -75 delta call against a one lot to potentially take advantage of early random call away/*assignment. 33.04 break even with a 1.46 ($146) max profit; 4.42% ROC/32.9% annualized as a function of buying power effect at max. "Random" call away occurs when someone holding the 34.5 long call choses to exercise it...
... for a 33.55 debit. Comments: Selling the -75 delta call against ... . Metrics: Buying Power Effect/Share Price Break Even: 33.55 Max Profit: 1.45 ROC %-age At Max As a Function of Buying Power Effect: 4.32% ROC %-age at 50% of Max: 2.16% Delta/Theta: 26.44/2.98 Here's why I'm doing this instead of selling a put at the delta equivalent strike (the +25): if...
... for a 19.29 debit. Comments: Long the -90 put in July, short the +30 put in April; short delta hedge against a long delta portfolio. Cost basis of 19.29 with a 170.71 break even on a 28 wide. * -- Long Put Diagonal.
... for a 3.94 credit. Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit. I already have rungs on in the December monthly, the December 29th, and January expiries near where I'd want to erect additional rungs, so building out into the first quarter a smidge here.
... for a 3.45 credit. Comments: Targeting the shortest duration <16 delta short put paying around 1% of the strike price in credit to emulate dollar cost averaging into the Q's.
... for a 1.10 credit. Comments: High IV. An engagement trade targeting the 16 delta (ish). Going small with this starter position, with an eye toward adding at intervals.
... for a 1.37 credit. Comments: Targeting the 16 delta strike here, adding a rung out in January at a strike better than what I currently have on in December at the 30.
... for a 4.16 credit. Comments: Targeting the shortest duration <16 strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
... for a 4.22 credit. Comments: Rounding out fourth quarter rungs ... . Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. I already have some December 15th on, so going out to the last expiry of the year here.